Stifel Nicolaus Has Lowered Expectations for Vertu Motors (LON:VTU) Stock Price

Vertu Motors (LON:VTU) had its target price lowered by investment analysts at Stifel Nicolaus from GBX 78 to GBX 76 in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 36.45% from the stock’s previous close.

Vertu Motors Price Performance

Shares of VTU traded down GBX 4 during mid-day trading on Thursday, reaching GBX 55.70. 1,192,278 shares of the stock traded hands, compared to its average volume of 617,499. Vertu Motors has a 1 year low of GBX 47.15 and a 1 year high of GBX 67. The firm has a fifty day moving average price of GBX 62.73 and a 200 day moving average price of GBX 61.94. The company has a current ratio of 1.02, a quick ratio of 0.26 and a debt-to-equity ratio of 66.13. The company has a market cap of £172.32 million, a price-to-earnings ratio of 11.68 and a beta of 0.82.

Vertu Motors Company Profile

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.