Victrex plc’s (VCT) “Buy” Rating Reaffirmed at Liberum Capital

Liberum Capital reaffirmed their buy rating on shares of Victrex plc (LON:VCT) in a research report released on Thursday. The firm currently has a GBX 2,240 ($28.19) target price on the stock.

A number of other research analysts also recently commented on VCT. Numis Securities Ltd reissued a hold rating and issued a GBX 2,042 ($25.70) price objective on shares of Victrex plc in a research report on Thursday, February 9th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 1,550 ($19.51) target price on shares of Victrex plc in a report on Wednesday, December 7th. Berenberg Bank reaffirmed a hold rating and set a GBX 1,800 ($22.66) target price on shares of Victrex plc in a report on Thursday, February 9th. Deutsche Bank AG lifted their target price on shares of Victrex plc from GBX 1,650 ($20.77) to GBX 1,700 ($21.40) and gave the stock a hold rating in a report on Wednesday, December 7th. Finally, Credit Suisse Group AG lifted their target price on shares of Victrex plc from GBX 2,050 ($25.80) to GBX 2,300 ($28.95) and gave the stock an outperform rating in a report on Thursday, December 8th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. Victrex plc presently has a consensus rating of Hold and a consensus target price of GBX 1,860.45 ($23.42).

Shares of Victrex plc (LON:VCT) traded down 0.37% during midday trading on Thursday, reaching GBX 1870.00. 110,868 shares of the company were exchanged. The company’s market capitalization is GBX 1.60 billion. The stock has a 50-day moving average price of GBX 1,936.36 and a 200 day moving average price of GBX 1,855.83. Victrex plc has a 52-week low of GBX 1,275.58 and a 52-week high of GBX 1,996.00.

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Victrex plc Company Profile

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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