Victrex plc (VCT) PT Raised to GBX 1,945 at Numis Securities Ltd
Victrex plc (LON:VCT) had its price objective hoisted by analysts at Numis Securities Ltd from GBX 1,781 ($22.04) to GBX 1,945 ($24.07) in a research report issued on Wednesday. The brokerage currently has an “add” rating on the stock. Numis Securities Ltd’s target price points to a potential upside of 10.95% from the stock’s current price.
VCT has been the subject of a number of other research reports. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,530 ($18.94) price target on shares of Victrex plc in a report on Wednesday, July 27th. Liberum Capital reiterated a “buy” rating and issued a GBX 2,100 ($25.99) price objective on shares of Victrex plc in a research note on Tuesday. Barclays PLC reiterated an “equal weight” rating and issued a GBX 1,600 ($19.80) price objective on shares of Victrex plc in a research note on Wednesday, July 27th. Peel Hunt reiterated a “buy” rating and issued a GBX 1,900 ($23.51) price objective on shares of Victrex plc in a research note on Tuesday. Finally, Credit Suisse Group AG reiterated an “outperform” rating and issued a GBX 2,050 ($25.37) price objective on shares of Victrex plc in a research note on Tuesday, July 26th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,726.54 ($21.37).
Shares of Victrex plc (LON:VCT) opened at 1750.00 on Wednesday. The firm has a 50-day moving average of GBX 1,557.06 and a 200-day moving average of GBX 1,515.36. The company’s market cap is GBX 1.49 billion. Victrex plc has a 52-week low of GBX 1,275.58 and a 52-week high of GBX 1,961.00.
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Victrex plc Company Profile
Victrex plc is a United Kingdom-based company engaged in the manufacture of polymer solutions. The Company’s products are used in smartphones, oil and gas equipment, medical devices, aeroplanes and cars. The Company has operations in industries such as Automotive, Aerospace, Electronics, Energy and Medical.
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