Victoria (LON:VCP) Receives “Buy” Rating from Berenberg Bank

Victoria (LON:VCP)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a report issued on Thursday,Digital Look reports. They presently have a GBX 170 price objective on the stock. Berenberg Bank’s price target points to a potential upside of 223.81% from the company’s previous close.

Victoria Stock Down 4.2%

LON VCP opened at GBX 52.50 on Thursday. The business’s 50-day moving average is GBX 62.74 and its 200 day moving average is GBX 70.60. The stock has a market capitalization of £60.00 million, a PE ratio of -0.23 and a beta of 0.98. The company has a debt-to-equity ratio of -4,210.81, a current ratio of 1.43 and a quick ratio of 0.79. Victoria has a 1 year low of GBX 37 and a 1 year high of GBX 151.

About Victoria

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.