Brokerages Set Victrex plc (LON:VCT) PT at GBX 761.43

Shares of Victrex plc (LON:VCT – Get Free Report) have been given a consensus rating of “Hold” by the seven ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 761.43.

VCT has been the topic of a number of research reports. Jefferies Financial Group reiterated a “hold” rating and set a GBX 595 target price on shares of Victrex in a report on Tuesday, July 7th. Berenberg Bank upped their price target on Victrex from GBX 680 to GBX 870 and gave the stock a “hold” rating in a report on Friday, September 11th. JPMorgan Chase & Co. upped their target price on shares of Victrex from GBX 625 to GBX 785 and gave the stock a “neutral” rating in a research note on Thursday, September 10th. Finally, Citigroup raised their target price on shares of Victrex from GBX 700 to GBX 1,000 and gave the company a “neutral” rating in a report on Friday, September 11th.

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Victrex Trading Up 0.1%

LON VCT opened at GBX 955.33 on Friday. The company has a debt-to-equity ratio of 21.30, a quick ratio of 1.99 and a current ratio of 2.35. The firm has a market cap of £832.62 million, a price-to-earnings ratio of -42.65, a PEG ratio of 1.92 and a beta of 0.82. The firm has a 50 day simple moving average of GBX 817.46 and a 200-day simple moving average of GBX 682.83. Victrex has a one year low of GBX 515 and a one year high of GBX 1,024.

Victrex Company Profile

(Get Free Report)

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.

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