Vitec Group (LON:VTC) PT Lowered to GBX 975 at Berenberg Bank
Vitec Group (LON:VTC) had its price target cut by Berenberg Bank from GBX 1,050 ($13.81) to GBX 975 ($12.83) in a research report sent to investors on Monday, Stock Target Advisor reports. They currently have a hold rating on the stock.
A number of other research analysts also recently issued reports on VTC. Peel Hunt reiterated an under review rating on shares of Vitec Group in a research report on Thursday, November 28th. Shore Capital reiterated a buy rating on shares of Vitec Group in a research report on Thursday, December 5th.
Vitec Group stock opened at GBX 1,050 ($13.81) on Monday. The company has a quick ratio of 1.08, a current ratio of 2.04 and a debt-to-equity ratio of 83.10. Vitec Group has a 12-month low of GBX 960 ($12.63) and a 12-month high of GBX 1,335 ($17.56). The firm’s fifty day moving average is GBX 1,167.45 and its 200 day moving average is GBX 1,154.06. The company has a market capitalization of $478.63 million and a PE ratio of 16.36.
The Vitec Group plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional images for the broadcast, cinematic, video, and photographic applications worldwide. It operates through three divisions: Imaging Solutions, Production Solutions, and Creative Solutions.
Further Reading: Economic Reports
Receive News & Ratings for Vitec Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vitec Group and related companies with MarketBeat.com's FREE daily email newsletter.