Vertical Aerospace (NYSE:EVTL) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Vertical Aerospace (NYSE:EVTLGet Free Report) had its price target upped by investment analysts at Canaccord Genuity Group from $15.00 to $16.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 129.56% from the stock’s current price.

Separately, Barclays increased their price target on shares of Vertical Aerospace from $0.75 to $2.00 and gave the company an “underweight” rating in a research note on Thursday, November 21st.

Check Out Our Latest Analysis on Vertical Aerospace

Vertical Aerospace Trading Up 45.5 %

Shares of NYSE EVTL opened at $6.97 on Tuesday. Vertical Aerospace has a 12-month low of $3.55 and a 12-month high of $12.79. The firm’s 50-day simple moving average is $12.91 and its 200 day simple moving average is $56.23.

Vertical Aerospace Company Profile

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Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.

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