Victrex plc (LON:VCT)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a note issued to investors on Tuesday. They currently have a GBX 2,100 ($25.99) price objective on the stock. Liberum Capital’s price objective suggests a potential upside of 29.47% from the company’s current price.
Other analysts also recently issued research reports about the company. Peel Hunt reiterated a “buy” rating and issued a GBX 1,900 ($23.51) price objective on shares of Victrex plc in a research report on Tuesday. Deutsche Bank AG reduced their price objective on Victrex plc from GBX 1,650 ($20.42) to GBX 1,600 ($19.80) and set a “hold” rating for the company in a research report on Wednesday, July 27th. BNP Paribas reiterated a “neutral” rating and issued a GBX 1,530 ($18.94) price objective on shares of Victrex plc in a research report on Wednesday, July 27th. JPMorgan Chase & Co. reduced their price objective on Victrex plc from GBX 1,450 ($17.95) to GBX 1,420 ($17.57) and set a “neutral” rating for the company in a research report on Wednesday, July 27th. Finally, 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 report on Wednesday, July 27th. One research 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. Victrex plc presently has a consensus rating of “Hold” and an average target price of GBX 1,713.92 ($21.21).
Victrex plc (LON:VCT) opened at 1755.74 on Tuesday. The stock has a 50 day moving average price of GBX 1,551.44 and a 200 day moving average price of GBX 1,514.64. The company’s market cap is GBX 1.50 billion. Victrex plc has a 1-year low of GBX 1,275.58 and a 1-year high of GBX 1,961.00.
About Victrex plc
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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