Victrex plc Rating Reiterated by Deutsche Bank (VCT)
Victrex plc (LON:VCT)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Monday. They currently have a GBX 2,050 ($35.10) price objective on the stock. Deutsche Bank’s price target suggests a potential upside of 28.93% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Victrex plc in a research note on Thursday. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Victrex plc in a research note on Thursday. They now have a GBX 1,640 ($28.08) price target on the stock. Finally, 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 ($30.30) price target on the stock. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 1,686.33 ($28.87).
Shares of Victrex plc (LON:VCT) traded up 2.25% during mid-day trading on Monday, hitting GBX 1590.00. 93,234 shares of the company’s stock traded hands. Victrex plc has a one year low of GBX 1495.00 and a one year high of GBX 2042.00. The stock’s 50-day moving average is GBX 1725. and its 200-day moving average is GBX 1841.18. The company’s market cap is £1.345 billion.
Victrex plc is a holding company. The Company is a manufacturer of high-performance polyaryletherketones, including VICTREX PEEK polymer.
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