Vitec Group plc Rating Reiterated by Investec (VTC)
Vitec Group plc (LON:VTC)‘s stock had its “buy” rating restated by research analysts at Investec in a report released on Thursday. They currently have a GBX 790 ($13.25) price target on the stock. Investec’s target price points to a potential upside of 41.70% from the company’s current price.
Vitec Group plc (LON:VTC) opened at 557.55 on Thursday. Vitec Group plc has a 52 week low of GBX 539.00 and a 52 week high of GBX 729.50. The stock has a 50-day moving average of GBX 567.3 and a 200-day moving average of GBX 611.6. The company’s market cap is £245.2 million.
Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Vitec Group plc in a research note on Thursday. They now have a GBX 720 ($12.08) price target on the stock.
The Vitec Group plc is engaged in serving customers in the broadcast and video, photographic and military, aerospace and government (LON:VTC) markets.
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