Victrex plc Given Average Recommendation of “Hold” by Analysts (LON:VCT)
Shares of Victrex plc (LON:VCT) have earned a consensus rating of “Hold” from the thirteen analysts that are presently covering the company, Analyst Ratings News reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 1,743.77 ($28.94).
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Victrex plc in a research note on Monday. They now have a GBX 1,700 ($28.21) price target on the stock. Separately, 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. Finally, 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.
Victrex plc (LON:VCT) opened at 1745.0001 on Friday. Victrex plc has a 52 week low of GBX 1533.00 and a 52 week high of GBX 2042.00. The stock has a 50-day moving average of GBX 1691. and a 200-day moving average of GBX 1801.. The company’s market cap is £1.476 billion.
Victrex plc is a holding company. The Company is a manufacturer of high-performance polyaryletherketones, including VICTREX PEEK polymer.
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