Victrex plc (VCT) Given “Buy” Rating at Liberum Capital

Liberum Capital reissued their buy rating on shares of Victrex plc (LON:VCT) in a research report sent to investors on Monday, May 15th. The brokerage currently has a GBX 2,240 ($28.34) price target on the stock.

Several other equities analysts also recently weighed in on the stock. Barclays PLC reissued an equal weight rating and issued a GBX 1,940 ($24.54) price target (up from GBX 1,600 ($20.24)) on shares of Victrex plc in a research note on Friday, April 28th. Numis Securities Ltd raised their price target on shares of Victrex plc from GBX 2,042 ($25.83) to GBX 2,060 ($26.06) and gave the stock a hold rating in a research note on Friday, April 7th. J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 1,550 ($19.61) target price on shares of Victrex plc in a research note on Wednesday, March 29th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 1,775 ($22.45) target price on shares of Victrex plc in a research note on Wednesday, March 29th. Finally, Berenberg Bank reaffirmed a hold rating and set a GBX 1,800 ($22.77) target price on shares of Victrex plc in a research note on Thursday, February 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of GBX 1,974 ($24.97).

Shares of Victrex plc (LON VCT) traded up 2.62% during trading on Monday, reaching GBX 1880.00. The company’s stock had a trading volume of 1,357,788 shares. Victrex plc has a one year low of GBX 1,364.00 and a one year high of GBX 2,063.00. The company’s market capitalization is GBX 1.61 billion. The firm’s 50-day moving average price is GBX 1,945.58 and its 200-day moving average price is GBX 1,917.43.

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The company also recently declared a dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, June 8th will be issued a dividend of GBX 12.20 ($0.15) per share. This represents a yield of 0.61%. The ex-dividend date of this dividend is Thursday, June 8th.

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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