Victoria (LON:VCP) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Victoria (LON:VCP) had its price objective upped by equities researchers at Berenberg Bank from GBX 60 to GBX 100 in a research report issued on Friday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 42.86% from the company’s current price.

Victoria Price Performance

Shares of LON VCP opened at GBX 70 on Friday. Victoria has a 1 year low of GBX 19.48 and a 1 year high of GBX 111. The stock has a market capitalization of £80.75 million, a P/E ratio of 0.03 and a beta of 0.43. The company’s 50-day moving average is GBX 50.71 and its 200 day moving average is GBX 37.70. The company has a debt-to-equity ratio of -317.63, a current ratio of 1.52 and a quick ratio of 0.79.

Victoria (LON:VCP) last issued its quarterly earnings data on Friday, July 24th. The company reported GBX (51.98) EPS for the quarter. Victoria had a positive return on equity of 67.51% and a negative net margin of 21.45%. On average, sell-side analysts expect that Victoria will post 15.8739255 earnings per share for the current year.

Victoria Company Profile

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.