Victorian Plumbing Group (LON:VIC) Hits New 52-Week High – Should You Buy?

Shares of Victorian Plumbing Group plc (LON:VIC – Get Free Report) reached a new 52-week high on Wednesday. The company traded as high as GBX 90 and last traded at GBX 88, with a volume of 141,040 shares. The stock had previously closed at GBX 88.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Berenberg Bank raised their price target on Victorian Plumbing Group from GBX 115 to GBX 125 and gave the company a “buy” rating in a report on Thursday, October 15th. Canaccord Genuity Group upped their price objective on shares of Victorian Plumbing Group from GBX 132 to GBX 135 and gave the company a “buy” rating in a report on Tuesday, October 13th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 110.

Get Our Latest Report on Victorian Plumbing Group

Victorian Plumbing Group Trading Up 0.8%

The company has a debt-to-equity ratio of 82.83, a quick ratio of 1.05 and a current ratio of 1.22. The stock has a market capitalization of £288.04 million, a price-to-earnings ratio of 21.39, a price-to-earnings-growth ratio of 0.51 and a beta of 1.14. The business has a fifty day simple moving average of GBX 77.20 and a 200 day simple moving average of GBX 77.71.

Victorian Plumbing Group Company Profile

(Get Free Report)

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.

Further Reading

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