Shore Capital restated their buy rating on shares of The Vitec Group (LON:VTC) in a report issued on Tuesday morning, Analyst Ratings Network reports.
Separately, Berenberg Bank reissued a buy rating and set a GBX 1,810 ($24.57) price objective on shares of The Vitec Group in a research report on Wednesday, November 17th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, The Vitec Group has a consensus rating of Buy and a consensus target price of GBX 1,736.67 ($23.57).
LON VTC opened at GBX 1,345 ($18.26) on Tuesday. The business’s fifty day simple moving average is GBX 1,436 and its 200-day simple moving average is GBX 1,452.10. The company has a quick ratio of 0.95, a current ratio of 1.77 and a debt-to-equity ratio of 73.88. The firm has a market cap of £621.93 million and a PE ratio of 40.39. The Vitec Group has a 52 week low of GBX 930 ($12.62) and a 52 week high of GBX 1,661.06 ($22.55).
The Vitec Group plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional content for the broadcast, cinematic, video, photographic, and smartphone applications worldwide. It operates through three divisions: Imaging Solutions, Production Solutions, and Creative Solutions.
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