Vertu Plc Receives Buy Rating from Liberum Capital (VTU)
Vertu Plc (LON:VTU)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued on Friday. They currently have a GBX 85 ($1.45) price objective on the stock. Liberum Capital’s price target would suggest a potential upside of 58.76% from the stock’s previous close.
Shares of Vertu Plc (LON:VTU) traded up 3.96% on Friday, hitting GBX 53.54. 1,463,798 shares of the company’s stock traded hands. Vertu Plc has a 1-year low of GBX 49.50 and a 1-year high of GBX 67.50. The stock has a 50-day moving average of GBX 62.10 and a 200-day moving average of GBX 59.99.
Other equities research analysts have also recently issued reports about the stock. Analysts at Edison Investment Research reiterated a “positive” rating on shares of Vertu Plc in a research note on Monday, May 19th. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Vertu Plc in a research note on Monday, May 12th. They now have a GBX 87 ($1.48) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Vertu Plc in a research note on Wednesday, April 30th. They now have a GBX 87 ($1.48) price target on the stock. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 74.75 ($1.27).
Vertu Motors plc is engaged in the provision of new and used vehicles, together with related after-sales services.
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