Volex’s (VLX) Buy Rating Reaffirmed at Liberum Capital
Volex (LON:VLX)‘s stock had its “buy” rating reaffirmed by Liberum Capital in a research note issued on Friday. They presently have a GBX 95 ($1.29) price objective on the stock. Liberum Capital’s target price suggests a potential upside of 17.27% from the company’s current price.
Shares of Volex (LON VLX) traded down GBX 1.99 ($0.03) during trading on Friday, hitting GBX 81.01 ($1.10). The company’s stock had a trading volume of 47,448 shares, compared to its average volume of 32,992. Volex has a one year low of GBX 37.01 ($0.50) and a one year high of GBX 86 ($1.17). The stock has a market cap of $72.25 and a price-to-earnings ratio of 2,700.33.
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Volex plc is a supplier of power cords and cable assembly solutions servicing a range of markets, including consumer electronics, telecommunications, data centers, medical equipment and the automotive industry. The Company’s segments include Power Cords, Cable Assemblies and Central. The Power Cords segment is engaged in the sale and manufacture of electrical power products to manufacturers of electrical/electronic devices and appliances.
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