Volex Plc’s “Buy” Rating Reaffirmed at Investec (VLX)
Volex Plc (LON:VLX)‘s stock had its “buy” rating reiterated by equities researchers at Investec in a research report issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 140 ($2.31) target price on the stock. Investec’s price target would indicate a potential upside of 30.54% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at FinnCap raised their price target on shares of Volex Plc from GBX 90 ($1.48) to GBX 125 ($2.06) in a research note to investors on Wednesday, December 11th. They now have a “hold” rating on the stock. Separately, analysts at N+1 Singer raised their price target on shares of Volex Plc from GBX 101 ($1.66) to GBX 114 ($1.88) in a research note to investors on Monday, November 25th. They now have a “hold” rating on the stock. Finally, analysts at Nplus1 Brewin raised their price target on shares of Volex Plc from GBX 101 ($1.66) to GBX 114 ($1.88) in a research note to investors on Monday, November 25th. They now have a “hold” rating on the stock. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Volex Plc has an average rating of “Hold” and a consensus target price of GBX 120.16 ($1.98).
Volex Plc (LON:VLX) opened at 106.75 on Monday. Volex Plc has a 52 week low of GBX 81.057 and a 52 week high of GBX 130.881. The stock’s 50-day moving average is GBX 115. and its 200-day moving average is GBX 111.6. The company’s market cap is £61.4 million.
Volex plc, formerly Volex Group plc, is a United Kingdom-based company. The Company is a provider of customised electrical and optical interconnect solutions and provides global support to producers of consumer products, telecommunication systems, networking devices, medical equipment and other industrial products.
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