Victrex plc (VCT.L) – What Are Investment Firms Thinking About This Stock?

Shares of Victrex plc (LON:VCT – Get Free Report) have been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 807.86.

Several research firms have recently commented on VCT. Citigroup upped their target price on Victrex from GBX 700 to GBX 1,000 and gave the company a “neutral” rating in a research report on Friday, September 11th. Canaccord Genuity Group boosted their price target on Victrex from GBX 725 to GBX 1,050 and gave the company a “buy” rating in a research note on Tuesday, September 29th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 595 price objective on shares of Victrex in a report on Friday, September 25th. JPMorgan Chase & Co. upped their price objective on Victrex from GBX 625 to GBX 785 and gave the company a “neutral” rating in a report on Thursday, September 10th. Finally, Berenberg Bank raised their price target on shares of Victrex from GBX 680 to GBX 870 and gave the stock a “hold” rating in a research report on Friday, September 11th.

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Victrex Stock Performance

LON VCT opened at GBX 926 on Thursday. The firm has a 50-day moving average of GBX 883.39 and a 200-day moving average of GBX 721.72. 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 stock has a market cap of £807.06 million, a PE ratio of -41.34, a P/E/G ratio of 1.92 and a beta of 0.76. Victrex has a 52-week low of GBX 515 and a 52-week 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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