Victrex (LON:VCT) Stock Keeps Hold Rating at Jefferies Financial Group

Victrex (LON:VCT)‘s stock had its “hold” rating reissued by stock analysts at Jefferies Financial Group in a research note issued on Friday, Digital Look reports. They presently have a GBX 595 price objective on the stock. Jefferies Financial Group’s target price points to a potential downside of 33.27% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Citigroup increased their price target on shares of Victrex from GBX 700 to GBX 1,000 and gave the company a “neutral” rating in a report on Friday, September 11th. JPMorgan Chase & Co. boosted their price objective on shares of Victrex from GBX 625 to GBX 785 and gave the stock a “neutral” rating in a report on Thursday, September 10th. Finally, Berenberg Bank upped their target price on shares of Victrex from GBX 680 to GBX 870 and gave the stock a “hold” rating in a research report on Friday, September 11th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 761.43.

Victrex Price Performance

Victrex stock opened at GBX 891.62 on Friday. The company has a market cap of £777.10 million, a P/E ratio of -39.80, a price-to-earnings-growth ratio of 1.92 and a beta of 0.82. Victrex has a one year low of GBX 515 and a one year high of GBX 1,024. The business has a fifty day moving average of GBX 843.43 and a two-hundred day moving average of GBX 693.72. The company has a debt-to-equity ratio of 21.30, a quick ratio of 1.99 and a current ratio of 2.35.

About Victrex

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.