Victrex plc (VCT) Receives GBX 1,885.70 Consensus PT from Analysts

Victrex plc (LON:VCT) has earned a consensus rating of “Hold” from the eleven research firms that are covering the firm. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 1,887.50 ($23.76).

A number of equities research analysts recently commented on VCT shares. Deutsche Bank AG upped their price target on shares of Victrex plc from GBX 1,700 ($21.40) to GBX 1,775 ($22.34) and gave the company a “hold” rating in a report on Thursday, January 5th. Peel Hunt lowered shares of Victrex plc to an “add” rating and upped their price objective for the stock from GBX 1,900 ($23.91) to GBX 2,100 ($26.43) in a report on Monday, February 6th. Liberum Capital restated a “buy” rating and issued a GBX 2,240 ($28.19) price objective on shares of Victrex plc in a report on Tuesday, March 14th. N+1 Singer lowered shares of Victrex plc to a “hold” rating and set a GBX 2,000 ($25.17) price objective for the company. in a report on Wednesday, February 8th. Finally, Numis Securities Ltd restated a “hold” rating and issued a GBX 1,980 ($24.92) price objective on shares of Victrex plc in a report on Monday, January 30th.

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Victrex plc (LON:VCT) traded down 0.37% on Tuesday, hitting GBX 1870.00. 110,868 shares of the stock were exchanged. The company has a 50-day moving average price of GBX 1,934.31 and a 200 day moving average price of GBX 1,855.93. Victrex plc has a 1-year low of GBX 1,275.58 and a 1-year high of GBX 1,996.00. The company’s market capitalization is GBX 1.60 billion.

About Victrex plc

Victrex plc is a United Kingdom-based holding company. The Company is engaged in the manufacture and sale of various polymers. The Company’s operating segments include Industrial (Victrex Polymer Solutions) and Medical (Invibio Biomaterial Solutions). The Victrex Polymer Solutions segment focuses on automotive, aerospace, electronics and energy markets.

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