Victorian Plumbing Group plc (LON:VIC – Get Free Report) shares were down 0.8% during trading on Friday . The company traded as low as GBX 73.10 and last traded at GBX 74. Approximately 163,622 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 273,011 shares. The stock had previously closed at GBX 74.60.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 80 target price on shares of Victorian Plumbing Group in a research note on Wednesday, May 20th. Shore Capital Group reiterated a “buy” rating and set a GBX 100 price target on shares of Victorian Plumbing Group in a report on Thursday, June 4th. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 115 price target on shares of Victorian Plumbing Group in a report on Tuesday, May 19th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 107.40.
Check Out Our Latest Research Report on Victorian Plumbing Group
Victorian Plumbing Group Stock Down 0.8%
Insider Activity at Victorian Plumbing Group
In other news, insider Daniel Barton sold 13,329 shares of the firm’s stock in a transaction that occurred on Wednesday, July 15th. The shares were sold at an average price of GBX 77, for a total value of £10,263.33. Insiders own 48.16% of the company’s stock.
Victorian Plumbing Group Company Profile
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.
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