Victrex plc’s “Hold” Rating Reaffirmed at N+1 Singer (VCT)
Victrex plc (LON:VCT)‘s stock had its “hold” rating reaffirmed by analysts at N+1 Singer in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,640 ($27.85) target price on the stock. N+1 Singer’s price target would indicate a potential downside of 0.97% from the company’s current price.
Victrex plc (LON:VCT) traded up 0.91% during mid-day trading on Wednesday, hitting GBX 1656.00. 161,438 shares of the company’s stock traded hands. Victrex plc has a one year low of GBX 1503.00 and a one year high of GBX 2042.00. The stock’s 50-day moving average is GBX 1668. and its 200-day moving average is GBX 1825.. The company’s market cap is £1.401 billion.
A number of other analysts have also recently weighed in on VCT. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Victrex plc in a research note on Wednesday. They now have a GBX 2,050 ($34.81) price target on the stock. Separately, analysts at Numis Securities Ltd cut their price target on shares of Victrex plc from GBX 1,987 ($33.74) to GBX 1,897 ($32.21) in a research note on Monday, July 21st. They now have an “add” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,728.83 ($29.36).
Victrex plc is a holding company. The Company is a manufacturer of high-performance polyaryletherketones, including VICTREX PEEK polymer.
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