Victoria (LON:VCP) Earns Buy Rating from Berenberg Bank

Victoria (LON:VCP)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a report issued on Monday, Digital Look reports. They presently have a GBX 100 target price on the stock. Berenberg Bank‘s price target points to a potential upside of 144.20% from the company’s current price.

Victoria Price Performance

Shares of VCP opened at GBX 40.95 on Monday. The stock has a market cap of £47.39 million, a PE ratio of -0.14 and a beta of 0.42. The company has a debt-to-equity ratio of -174.85, a quick ratio of 0.79 and a current ratio of 1.45. Victoria has a fifty-two week low of GBX 19.48 and a fifty-two week high of GBX 76.50. The firm’s 50-day simple moving average is GBX 49.76 and its two-hundred day simple moving average is GBX 43.05.

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.