Victrex plc (VCT) Rating Reiterated by Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Victrex plc (LON:VCT) in a report published on Thursday. Berenberg Bank currently has a GBX 1,800 ($22.49) price target on the stock.

Several other analysts have also commented on VCT. Liberum Capital reissued a buy rating and set a GBX 2,245 ($28.06) target price on shares of Victrex plc in a research note on Monday, February 6th. J P Morgan Chase & Co reissued a neutral rating and set a GBX 1,550 ($19.37) target price on shares of Victrex plc in a research note on Wednesday, December 7th. Deutsche Bank AG boosted their price target on shares of Victrex plc from GBX 1,650 ($20.62) to GBX 1,700 ($21.24) and gave the company a hold rating in a report on Wednesday, December 7th. Numis Securities Ltd boosted their price target on shares of Victrex plc from GBX 1,781 ($22.26) to GBX 1,945 ($24.31) and gave the company an add rating in a report on Wednesday, October 12th. Finally, Credit Suisse Group boosted their price target on shares of Victrex plc from GBX 2,050 ($25.62) to GBX 2,300 ($28.74) and gave the company an outperform rating in a report on Thursday, December 8th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. Victrex plc presently has an average rating of Hold and a consensus price target of GBX 1,846 ($23.07).

Analyst Recommendations for Victrex plc (LON:VCT)

Victrex plc (LON:VCT) opened at 1925.00 on Thursday. The firm has a 50 day moving average of GBX 1,929.27 and a 200-day moving average of GBX 1,717.06. The firm’s market cap is GBX 1.64 billion. Victrex plc has a one year low of GBX 1,275.58 and a one year high of GBX 1,996.00.

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The firm also recently declared a dividend, which will be paid on Friday, February 17th. Stockholders of record on Thursday, February 2nd will be paid a dividend of GBX 35.09 ($0.44) per share. This is a positive change from Victrex plc’s previous dividend of $11.73. The ex-dividend date of this dividend is Thursday, February 2nd. This represents a dividend yield of 2%.

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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