Victorian Plumbing Group (LON:VIC) Stock Price Down 1.7% – Should You Sell?

Victorian Plumbing Group plc (LON:VIC)’s share price traded down 1.7% during trading on Friday . The stock traded as low as GBX 70.27 and last traded at GBX 70.80. 55,720 shares traded hands during trading, a decline of 91% from the average session volume of 621,948 shares. The stock had previously closed at GBX 72.

Analyst Upgrades and Downgrades

VIC has been the topic of several analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 125 price target on shares of Victorian Plumbing Group in a research note on Wednesday, December 3rd. Shore Capital restated a “buy” rating and issued a GBX 90 target price on shares of Victorian Plumbing Group in a research report on Wednesday, December 3rd. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 132 price target on shares of Victorian Plumbing Group in a research report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Victorian Plumbing Group from GBX 70 to GBX 80 and gave the company a “hold” rating in a research note on Wednesday, December 3rd. Finally, Peel Hunt increased their target price on shares of Victorian Plumbing Group from GBX 80 to GBX 110 and gave the company a “hold” rating in a research report on Tuesday, October 7th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 107.40.

Victorian Plumbing Group Trading Down 1.7%

The company has a debt-to-equity ratio of 88.15, a quick ratio of 1.05 and a current ratio of 1.07. The firm has a market capitalization of £231.72 million, a P/E ratio of 33.71, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03. The firm has a 50 day moving average price of GBX 73.93 and a two-hundred day moving average price of GBX 71.71.

Victorian Plumbing Group (LON:VIC) last announced its earnings results on Wednesday, December 3rd. The company reported GBX 4.20 earnings per share (EPS) for the quarter. Victorian Plumbing Group had a return on equity of 10.60% and a net margin of 1.86%. On average, equities research analysts expect that Victorian Plumbing Group plc will post 5.980995 EPS for the current fiscal year.

About Victorian Plumbing Group

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.