Victrex plc (LON:VCT) had its price objective boosted by Numis Securities Ltd from GBX 1,781 ($22.04) to GBX 1,945 ($24.07) in a note issued to investors on Wednesday. The firm presently has an “add” rating on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 12.10% from the stock’s previous close.
Other research analysts also recently issued reports about the stock. Peel Hunt reissued a “buy” rating and issued a GBX 1,900 ($23.51) target price on shares of Victrex plc in a research report on Wednesday, July 20th. Liberum Capital reissued a “buy” rating and issued a GBX 2,100 ($25.99) target price on shares of Victrex plc in a research report on Tuesday, July 5th. N+1 Singer reissued a “buy” rating and issued a GBX 1,730 ($21.41) target price on shares of Victrex plc in a research report on Tuesday. Barclays PLC reissued an “equal weight” rating and issued a GBX 1,600 ($19.80) target price on shares of Victrex plc in a research report on Wednesday, July 27th. Finally, Berenberg Bank dropped their target price on shares of Victrex plc from GBX 1,620 ($20.05) to GBX 1,510 ($18.69) and set a “hold” rating on the stock in a research report on Thursday, July 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 1,726.54 ($21.37).
Victrex plc (LON:VCT) opened at 1735.00 on Wednesday. The stock has a 50 day moving average of GBX 1,567.30 and a 200-day moving average of GBX 1,518.71. Victrex plc has a 52 week low of GBX 1,275.58 and a 52 week high of GBX 1,961.00. The stock’s market cap is GBX 1.48 billion.
About Victrex plc
Victrex plc is a United Kingdom-based company engaged in the manufacture of polymer solutions. The Company’s products are used in smartphones, oil and gas equipment, medical devices, aeroplanes and cars. The Company has operations in industries such as Automotive, Aerospace, Electronics, Energy and Medical.
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