VP (LON:VP) Earns Buy Rating from Peel Hunt

VP (LON:VP)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a research report issued to clients and investors on Monday, Digital Look reports. They presently have a GBX 550 target price on the stock. Peel Hunt’s target price indicates a potential upside of 4.17% from the stock’s previous close.

VP Price Performance

LON VP traded down GBX 18 during trading hours on Monday, hitting GBX 528. 21,834 shares of the company’s stock traded hands, compared to its average volume of 390. VP has a 52-week low of GBX 460 and a 52-week high of GBX 745. The company has a market capitalization of £208.36 million, a PE ratio of -38.74 and a beta of 0.35. The company has a debt-to-equity ratio of 178.34, a current ratio of 0.65 and a quick ratio of 1.08. The firm’s 50-day moving average is GBX 483.88 and its 200-day moving average is GBX 478.22.

Insider Transactions at VP

In related news, insider Ross Paterson acquired 5,438 shares of the stock in a transaction on Tuesday, September 29th. The shares were bought at an average price of GBX 494 per share, with a total value of £26,863.72. Also, insider Alice Woodwark acquired 39,782 shares of the stock in a transaction on Monday, October 5th. The shares were bought at an average cost of GBX 503 per share, for a total transaction of £200,103.46. Insiders have purchased a total of 55,368 shares of company stock worth $27,760,014 in the last ninety days. Insiders own 57.50% of the company’s stock.

More VP News

Here are the key news stories impacting VP this week:

• Neutral Sentiment: Reports about Netflix film executive Doug Belgrad leaving amid layoffs concern Netflix’s staffing and strategy, not Vp plc. Doug Belgrad Leaving As Netflix VP Of Film Amid Layoffs
• Neutral Sentiment: Articles covering National Cable Television Cooperative promotions, Lexicon’s new estimating executive, ARA’s intelligence-community appointment and Alloy Entertainment’s television hire are unrelated to Vp plc’s operations or earnings. NCTC Promotes Four to Senior Vice President
• Neutral Sentiment: Political coverage involving U.S. Vice President JD Vance, Paraguay’s vice president and Philippine political disputes does not affect Vp plc directly. VP JD Vance Comes to Atlanta

VP Company Profile

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.