Victrex plc Rating Reiterated by N+1 Singer (VCT)
Victrex plc (LON:VCT)‘s stock had its “hold” rating reiterated by equities researchers at N+1 Singer in a research report issued on Thursday. They currently have a GBX 1,640 ($28.13) price target on the stock. N+1 Singer’s price target suggests a potential upside of 5.60% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Victrex plc in a research note on Friday, July 4th. They now have a GBX 2,050 ($35.16) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of Victrex plc in a research note on Thursday, July 3rd. They now have a GBX 1,770 ($30.36) price target on the stock. Finally, analysts at Goldman Sachs cut their price target on shares of Victrex plc from GBX 2,300 ($39.45) to GBX 2,250 ($38.59) in a research note on Friday, May 23rd. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 1,686.33 ($28.93).
Shares of Victrex plc (LON:VCT) traded down 2.51% during mid-day trading on Thursday, hitting GBX 1553.00. 129,476 shares of the company’s stock traded hands. Victrex plc has a 1-year low of GBX 1495.00 and a 1-year high of GBX 2042.00. The stock’s 50-day moving average is GBX 1739. and its 200-day moving average is GBX 1844.. The company’s market cap is £1.314 billion.
Victrex plc is a holding company. The Company is a manufacturer of high-performance polyaryletherketones, including VICTREX PEEK polymer.
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