Victrex plc (LON:VCT – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 640.75 and traded as high as GBX 737. Victrex shares last traded at GBX 732.12, with a volume of 261,826 shares trading hands.
Analyst Ratings Changes
Several equities analysts recently commented on the company. Berenberg Bank raised their target price on Victrex from GBX 600 to GBX 680 and gave the stock a “hold” rating in a research report on Wednesday, July 8th. Canaccord Genuity Group downgraded shares of Victrex to a “buy” rating and set a GBX 725 target price on the stock. in a research note on Friday, May 15th. UBS Group reaffirmed a “sell” rating and issued a GBX 575 target price on shares of Victrex in a report on Monday, May 11th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 595 target price on shares of Victrex in a research report on Tuesday, July 7th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Victrex presently has a consensus rating of “Hold” and an average price target of GBX 663.33.
Read Our Latest Research Report on Victrex
Victrex Stock Performance
Victrex (LON:VCT – Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported GBX 17.20 earnings per share (EPS) for the quarter. Victrex had a negative net margin of 6.70% and a negative return on equity of 4.95%. The firm had revenue of £147.10 million for the quarter. On average, analysts expect that Victrex plc will post 73.1078905 EPS for the current year.
Victrex Company Profile
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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