Vertu Motors Plc (VTU) Receives Buy Rating from Liberum Capital
Vertu Motors Plc (LON:VTU)‘s stock had its “buy” rating restated by investment analysts at Liberum Capital in a research report issued on Friday. They currently have a GBX 90 ($1.16) price objective on the stock. Liberum Capital’s price target indicates a potential upside of 105.71% from the company’s previous close.
Separately, Canaccord Genuity reiterated a “buy” rating and set a GBX 81 ($1.05) price objective on shares of Vertu Motors Plc in a research report on Wednesday, May 10th.
Vertu Motors Plc (VTU) traded down 0.57% during trading on Friday, reaching GBX 43.75. 395,276 shares of the company’s stock were exchanged. Vertu Motors Plc has a 52 week low of GBX 38.25 and a 52 week high of GBX 52.31. The firm’s market capitalization is GBX 172.93 million. The stock has a 50-day moving average price of GBX 43.62 and a 200 day moving average price of GBX 46.40.
In related news, insider Ian Harrison purchased 4,260 shares of Vertu Motors Plc stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average cost of GBX 42 ($0.54) per share, with a total value of £1,789.20 ($2,310.73). Also, insider Chris Taylor purchased 11,444 shares of Vertu Motors Plc stock in a transaction that occurred on Wednesday, August 2nd. The shares were bought at an average cost of GBX 43 ($0.56) per share, for a total transaction of £4,920.92 ($6,355.31).
Vertu Motors Plc Company Profile
Vertu Motors plc is an automotive retailer in the United Kingdom. The principal activity of the Company is the sale of new cars, motorcycles, and commercial vehicles and used vehicles, together with related aftersales services. The Company is engaged in the provision of management services to all subsidiary statutory entities.
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