A number of other brokerages have also weighed in on VCT. Deutsche Bank AG raised their target price on Victrex plc from GBX 2,050 ($27.05) to GBX 2,200 ($29.03) and gave the company a hold rating in a research note on Thursday, September 28th. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 2,150 ($28.37) price objective on shares of Victrex plc in a research report on Wednesday, September 27th. Berenberg Bank upgraded Victrex plc to a buy rating and lifted their price objective for the stock from GBX 2,000 ($26.39) to GBX 2,600 ($34.31) in a research report on Wednesday, September 6th. Jefferies Group LLC lifted their price objective on Victrex plc from GBX 2,050 ($27.05) to GBX 2,268 ($29.93) and gave the stock a hold rating in a research report on Tuesday, September 5th. Finally, UBS Group AG (USA) assumed coverage on Victrex plc in a research report on Monday, August 21st. They issued a neutral rating and a GBX 2,050 ($27.05) price objective for the company. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of Hold and an average price target of GBX 2,191.64 ($28.92).
Victrex plc (VCT) opened at GBX 2,524 ($33.31) on Tuesday.
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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.
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