VP (LON:VP) Stock Keeps “Buy” Rating at Peel Hunt

VP (LON:VP)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a research report issued on Monday, Digital Look reports. They presently have a GBX 550 target price on the stock. Peel Hunt’s price target would indicate a potential upside of 3.77% from the stock’s current price.

VP Stock Up 0.4%

Shares of LON VP opened at GBX 530 on Monday. The company has a debt-to-equity ratio of 178.34, a quick ratio of 1.08 and a current ratio of 0.65. VP has a 1 year low of GBX 460 and a 1 year high of GBX 745. The stock’s 50-day simple moving average is GBX 485.22 and its 200-day simple moving average is GBX 478.95. The firm has a market cap of £209.14 million, a price-to-earnings ratio of -38.88 and a beta of 0.35.

Insider Buying and Selling at VP

In other VP news, insider Ross Paterson bought 5,438 shares of the business’s stock in a transaction on Tuesday, September 29th. The shares were bought at an average cost of GBX 494 per share, with a total value of £26,863.72. Also, insider Alice Woodwark bought 39,782 shares of the business’s stock in a transaction on Monday, October 5th. The stock was acquired at an average cost of GBX 503 per share, for a total transaction of £200,103.46. Insiders acquired a total of 55,368 shares of company stock worth $27,760,014 in the last 90 days. 57.50% of the stock is owned by corporate insiders.

More VP News

Here are the key news stories impacting VP this week:

• Neutral Sentiment: No direct Vp plc news: Most of the headlines concern executives or political figures with the title “VP,” including appointments at Hearst Media Production Group, Mach42, Solidus Labs, NCTC, Lexicon and ARA. These organizations are unrelated to Vp plc and should have no direct effect on its valuation. Hearst Media Production Group promotes Amy DeGregorio Mach42 appoints David Tester Solidus Labs hires Kevin Webb
• Neutral Sentiment: Political coverage is unrelated: Reports about U.S. Vice President JD Vance’s appearances in Atlanta and Monroe, as well as international political disputes involving vice presidents, do not provide information about Vp plc’s operations, earnings or outlook. Monroe rally with JD Vance JD Vance visits Atlanta
• Neutral Sentiment: Netflix layoffs are company-specific to Netflix: The departure of Netflix film executive Doug Belgrad amid layoffs does not involve Vp plc and is not an indication of changing demand for Vp’s equipment-rental businesses. Doug Belgrad leaves Netflix

About VP

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.