Vp plc (LON:VP – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 480.82 and traded as low as GBX 461. VP shares last traded at GBX 480, with a volume of 12,047 shares.
Analysts Set New Price Targets
Several analysts have commented on the stock. Shore Capital Group reissued an “under review” rating on shares of VP in a research report on Friday, April 17th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 600 price objective on shares of VP in a research report on Wednesday, June 10th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 686.67.
Check Out Our Latest Analysis on VP
VP Stock Performance
VP (LON:VP – Get Free Report) last posted its quarterly earnings data on Wednesday, June 10th. The company reported GBX 54.50 earnings per share for the quarter. VP had a negative return on equity of 3.89% and a negative net margin of 1.52%.The firm had revenue of £358.27 million during the quarter. As a group, sell-side analysts forecast that Vp plc will post 72.7728984 earnings per share for the current year.
About VP
Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.
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