Victrex plc’s “Buy” Rating Reaffirmed at Deutsche Bank (VCT)
Victrex plc (LON:VCT)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank in a report released on Friday. They currently have a GBX 2,050 ($34.92) price objective on the stock. Deutsche Bank’s price objective would suggest a potential upside of 20.59% from the stock’s previous close.
A number of other firms have also recently commented on VCT. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Victrex plc in a research note on Thursday. They now have a GBX 1,770 ($30.15) price target on the stock. Separately, analysts at Goldman Sachs cut their price target on shares of Victrex plc from GBX 2,300 ($39.18) to GBX 2,250 ($38.32) in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Victrex plc to an “add” rating in a research note on Thursday, May 22nd. They now have a GBX 1,987 ($33.84) price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,708.83 ($29.11).
Shares of Victrex plc (LON:VCT) opened at 1702.80 on Friday. Victrex plc has a one year low of GBX 1495.00 and a one year high of GBX 2042.00. The stock has a 50-day moving average of GBX 1756. and a 200-day moving average of GBX 1847.. The company’s market cap is £1.440 billion.
Victrex plc is a holding company. The Company is a manufacturer of high-performance polyaryletherketones, including VICTREX PEEK polymer.
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