The Vitec Group Plc Price Target Increased to GBX 850 by Analysts at Investec (VTC)
Equities research analysts at Investec lifted their target price on shares of The Vitec Group Plc (LON:VTC) from GBX 840 ($13.84) to GBX 850 ($14.01) in a research note issued to investors on Monday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Investec’s target price would indicate a potential upside of 30.97% from the company’s current price.
The Vitec Group Plc (LON:VTC) opened at 650.00 on Monday. The Vitec Group Plc has a 52 week low of GBX 553.75 and a 52 week high of GBX 729.50. The stock has a 50-day moving average of GBX 638. and a 200-day moving average of GBX 638.1. The company’s market cap is £284.5 million.
A number of other analysts have also recently weighed in on VTC. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of The Vitec Group Plc in a research note to investors on Thursday, November 14th. They now have a GBX 600 ($9.89) price target on the stock. Analysts at N+1 Singer reiterated a “hold” rating on shares of The Vitec Group Plc in a research note to investors on Thursday, November 14th. They now have a GBX 600 ($9.89) price target on the stock.
The Vitec Group plc (LON:VTC) is an international provider of products and services for broadcast, photographic and military, aerospace and government (MAG) markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.