Victrex plc Given “Neutral” Rating at JPMorgan Chase & Co. (VCT)
Victrex plc (LON:VCT)‘s stock had its “neutral” rating reissued by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday. They currently have a GBX 1,700 ($28.21) price target on the stock. JPMorgan Chase & Co.’s price objective indicates a potential downside of 2.19% from the stock’s previous close.
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 Tuesday, August 26th. They now have a GBX 2,050 ($34.02) price target on the stock. Separately, analysts at Berenberg Bank initiated coverage on shares of Victrex plc in a research note on Thursday, August 7th. They set a “buy” rating and a GBX 1,950 ($32.36) price target on the stock. Finally, analysts at Numis Securities Ltd cut their price target on shares of Victrex plc from GBX 1,897 ($31.48) to GBX 1,870 ($31.03) in a research note on Thursday, July 31st. They now have an “add” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 1,743.77 ($28.94).
Shares of Victrex plc (LON:VCT) opened at 1726.00 on Monday. Victrex plc has a one year low of GBX 1533.00 and a one year high of GBX 2042.00. The stock has a 50-day moving average of GBX 1673. and a 200-day moving average of GBX 1807.. The company’s market cap is £1.460 billion.
Victrex plc is a holding company. The Company is a manufacturer of high-performance polyaryletherketones, including VICTREX PEEK polymer.
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