Victoria (LON:VCP) Given Buy Rating at Berenberg Bank

Victoria (LON:VCP)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 60 price target on the stock. Berenberg Bank’s price target suggests a potential downside of 14.29% from the company’s previous close.

Victoria Trading Up 20.7%

LON VCP opened at GBX 70 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.52 and a debt-to-equity ratio of -317.63. Victoria has a 52 week low of GBX 19.48 and a 52 week high of GBX 111. The business has a 50 day moving average price of GBX 43.05 and a 200-day moving average price of GBX 35.19. The company has a market cap of £80.75 million, a price-to-earnings ratio of 0.03 and a beta of 0.43.

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.