Victrex plc’s (VCT) Outperform Rating Reaffirmed at Credit Suisse Group
Victrex plc (LON:VCT)‘s stock had its “outperform” rating reiterated by Credit Suisse Group in a note issued to investors on Friday.
Other equities analysts have also issued research reports about the stock. J P Morgan Chase & Co boosted their price objective on shares of Victrex plc from GBX 1,550 ($20.24) to GBX 1,800 ($23.50) and gave the stock a “neutral” rating in a report on Tuesday, May 16th. Deutsche Bank AG boosted their price objective on shares of Victrex plc from GBX 1,775 ($23.18) to GBX 1,850 ($24.16) and gave the stock a “hold” rating in a report on Tuesday, May 16th. Numis Securities Ltd boosted their price objective on shares of Victrex plc from GBX 2,042 ($26.66) to GBX 2,060 ($26.90) and gave the stock a “hold” rating in a report on Friday, April 7th. Liberum Capital reiterated a “buy” rating and issued a GBX 2,240 ($29.25) price objective on shares of Victrex plc in a report on Thursday, April 6th. Finally, N+1 Singer reiterated a “hold” rating and issued a GBX 2,000 ($26.12) price objective on shares of Victrex plc in a report on Monday, May 15th. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 1,931.82 ($25.23).
Victrex plc (LON:VCT) opened at 1920.00 on Friday. The stock’s market cap is GBX 1.64 billion. The company has a 50-day moving average price of GBX 1,885.20 and a 200 day moving average price of GBX 1,925.41. Victrex plc has a 12-month low of GBX 1,422.00 and a 12-month high of GBX 2,063.00.
Victrex plc Company Profile
Victrex plc is a United Kingdom-based holding company. The Company is engaged in the manufacture and sale of various polymers. The Company’s operating segments include Industrial (Victrex Polymer Solutions) and Medical (Invibio Biomaterial Solutions). The Victrex Polymer Solutions segment focuses on automotive, aerospace, electronics and energy markets.
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