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Equities researchers at Investec cut their price target on shares of Vitec Group plc (LON:VTC) from GBX 850 ($14.34) to GBX 830 ($14.00) in a research report issued on Thursday, Analyst Ratings Net reports. The firm currently has a “buy” rating on the stock. Investec’s price target indicates a potential upside of 34.30% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at N+1 Singer reiterated a “hold” rating on shares of Vitec Group plc in a research note on Thursday. They now have a GBX 720 ($12.15) price target on the stock. Separately, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Vitec Group plc in a research note on Thursday. They now have a GBX 720 ($12.15) price target on the stock. Finally, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Vitec Group plc in a research note on Wednesday, February 26th. They now have a GBX 600 ($10.12) price target on the stock.

Vitec Group plc (LON:VTC) traded up 1.31% during mid-day trading on Thursday, hitting GBX 618.00. The stock had a trading volume of 2,463 shares. Vitec Group plc has a one year low of GBX 553.75 and a one year high of GBX 729.50. The stock has a 50-day moving average of GBX 624.6 and a 200-day moving average of GBX 652.2. The company’s market cap is £271.8 million.

The Vitec Group plc is engaged in serving customers in the broadcast and video, photographic and military, aerospace and government (LON:VTC) markets.

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