Vectura Group PLC (LON:VEC) Receives Average Rating of “Buy” from Brokerages
Shares of Vectura Group PLC (LON:VEC) have received an average rating of “Buy” from the eight analysts that are presently covering the stock. Eight analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 222.25 ($2.75).
A number of brokerages recently issued reports on VEC. Numis Securities Ltd reissued a “buy” rating and set a GBX 264 ($3.27) price target on shares of Vectura Group PLC in a research report on Friday, June 24th. Peel Hunt reissued a “buy” rating and set a GBX 200 ($2.48) price target on shares of Vectura Group PLC in a research report on Thursday, June 30th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 230 ($2.85) price target on shares of Vectura Group PLC in a research report on Wednesday, July 6th. Citigroup Inc. reissued a “buy” rating and set a GBX 215 ($2.66) price target on shares of Vectura Group PLC in a research report on Thursday, July 28th. Finally, Stifel Nicolaus reissued a “buy” rating and set a GBX 242 ($3.00) price target on shares of Vectura Group PLC in a research report on Friday, July 29th.
In other news, insider Trevor Phillips sold 240,841 shares of Vectura Group PLC stock in a transaction that occurred on Tuesday, September 27th. The shares were sold at an average price of GBX 139 ($1.72), for a total value of £334,768.99 ($414,318.06). Also, insider Andrew Derodra purchased 30,000 shares of Vectura Group PLC stock in a transaction dated Friday, September 30th. The stock was bought at an average price of GBX 138 ($1.71) per share, with a total value of £41,400 ($51,237.62).
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Vectura Group PLC (LON:VEC) traded down 1.92% on Monday, hitting GBX 138.20. 1,560,637 shares of the stock were exchanged. The stock’s market cap is GBX 567.47 million. Vectura Group PLC has a 12 month low of GBX 122.90 and a 12 month high of GBX 200.10. The company has a 50-day moving average of GBX 138.66 and a 200-day moving average of GBX 155.13.
Vectura Group PLC Company Profile
Vectura Group plc is a product development company. The Company focuses on the development of pharmaceutical therapies for the treatment of airways-related diseases (airways diseases). The Company has eight products marketed by its partners and a portfolio of drugs in clinical development, a number of which have been licensed to pharmaceutical companies.
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