Brokerages Set Victrex plc (VCT) Target Price at $2,114.36

Victrex plc (LON:VCT) has earned an average rating of “Hold” from the twelve ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 2,114.36 ($28.05).

VCT has been the topic of several research analyst reports. Liberum Capital reiterated a “buy” rating and issued a GBX 2,240 ($29.71) price objective on shares of Victrex plc in a report on Monday, September 4th. Credit Suisse Group reissued an “outperform” rating on shares of Victrex plc in a report on Friday, July 21st. Peel Hunt restated an “add” rating and issued a GBX 2,100 ($27.86) target price on shares of Victrex plc in a research report on Tuesday, July 25th. Deutsche Bank AG restated a “hold” rating and issued a GBX 1,850 ($24.54) target price on shares of Victrex plc in a research report on Friday, June 30th. Finally, J P Morgan Chase & Co lifted their price target on Victrex plc from GBX 1,800 ($23.88) to GBX 2,150 ($28.52) and gave the stock a “neutral” rating in a research note on Tuesday, September 5th.

Victrex plc (LON:VCT) traded up 2.29% on Friday, hitting GBX 2455.00. The stock had a trading volume of 198,614 shares. Victrex plc has a 12 month low of GBX 1,616.34 and a 12 month high of GBX 2,455.00. The company has a 50-day moving average of GBX 2,215.70 and a 200 day moving average of GBX 2,005.88. The company’s market cap is GBX 2.10 billion.

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Victrex plc Company Profile

Victrex plc is a United Kingdom-based holding company. The Company is engaged in the manufacture and sale of various polymers. The Company’s operating segments include Industrial (Victrex Polymer Solutions) and Medical (Invibio Biomaterial Solutions). The Victrex Polymer Solutions segment focuses on automotive, aerospace, electronics and energy markets.

Analyst Recommendations for Victrex plc (LON:VCT)

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