Vectura Group Given “Buy” Rating at FinnCap (VEC)
Vectura Group (LON:VEC)‘s stock had its “buy” rating restated by research analysts at FinnCap in a report released on Tuesday, Analyst Ratings Network.com reports. They currently have a GBX 180 ($2.97) target price on the stock. FinnCap’s price target would indicate a potential upside of 13.56% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Vectura Group from GBX 155 ($2.55) to GBX 200 ($3.30) in a research note to investors on Monday, January 6th. They now have an “overweight” rating on the stock. Separately, analysts at Investec raised their price target on shares of Vectura Group from GBX 148 ($2.44) to GBX 170 ($2.80) in a research note to investors on Thursday, December 19th. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Vectura Group from GBX 125 ($2.06) to GBX 150 ($2.47) in a research note to investors on Thursday, December 19th. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating and eight have given a buy rating to the company. Vectura Group currently has an average rating of “Buy” and a consensus price target of GBX 154.56 ($2.55).
Vectura Group (LON:VEC) traded down 0.25% during mid-day trading on Tuesday, hitting GBX 158.10. 371,584 shares of the company’s stock traded hands. Vectura Group has a 52 week low of GBX 76.00 and a 52 week high of GBX 158.75. The stock’s 50-day moving average is GBX 134.2 and its 200-day moving average is GBX 109.9. The company’s market cap is £536.2 million.
Vectura Group plc (LON:VEC) is a developer of therapies principally for the treatment of respiratory diseases.
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