Victrex plc’s “Hold” Rating Reaffirmed at N 1 Singer (VCT)
Victrex plc (LON:VCT)‘s stock had its “hold” rating reaffirmed by research analysts at N 1 Singer in a report released on Tuesday. They currently have a GBX 1,910 ($32.13) target price on the stock. N 1 Singer’s price target indicates a potential upside of 12.42% from the company’s current price.
Victrex plc (LON:VCT) traded up 4.06% on Tuesday, hitting GBX 1768.00. The stock had a trading volume of 132,699 shares. Victrex plc has a 52 week low of GBX 1459.00 and a 52 week high of GBX 2042.00. The stock has a 50-day moving average of GBX 1899. and a 200-day moving average of GBX 1811.. The company’s market cap is £1.493 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, July 1st. Investors of record on Wednesday, June 11th will be given a dividend of GBX 11.39 ($0.19) per share. This represents a yield of 0.65%. The ex-dividend date of this dividend is Wednesday, June 11th.
Several other analysts have also recently commented on the stock. Analysts at N+1 Singer reiterated a “hold” rating on shares of Victrex plc in a research note on Tuesday. They now have a GBX 1,910 ($32.13) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Victrex plc in a research note on Thursday, May 15th. They now have a GBX 1,704 ($28.66) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Victrex plc in a research note on Monday, April 14th. They now have a GBX 2,180 ($36.67) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. Victrex plc currently has a consensus rating of “Hold” and an average target price of GBX 1,760.87 ($29.62).
Victrex plc is a holding company. The Company is a manufacturer of high-performance polyaryletherketones, including VICTREX PEEK polymer.
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.