Credit Suisse Group Reaffirms “Outperform” Rating for Victrex plc (LON:VCT)

Victrex plc (LON:VCT)‘s stock had its “outperform” rating reiterated by equities research analysts at Credit Suisse Group in a note issued to investors on Friday.

A number of other analysts have also recently issued reports on the stock. Deutsche Bank AG reissued a “hold” rating and issued a GBX 1,850 ($24.16) price objective on shares of Victrex plc in a research note on Friday, June 30th. Liberum Capital reissued a “buy” rating and issued a GBX 2,240 ($29.25) price objective on shares of Victrex plc in a research note on Friday, June 16th. J P Morgan Chase & Co increased their price objective on shares of Victrex plc from GBX 1,550 ($20.24) to GBX 1,800 ($23.50) and gave the stock a “neutral” rating in a research note on Tuesday, May 16th. Berenberg Bank increased their price objective on shares of Victrex plc from GBX 1,800 ($23.50) to GBX 2,000 ($26.12) and gave the stock a “hold” rating in a research note on Tuesday, May 16th. Finally, N+1 Singer reissued a “hold” rating and issued a GBX 2,000 ($26.12) price objective on shares of Victrex plc in a research note on Monday, May 15th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,931.82 ($25.23).

Victrex plc (VCT) opened at 1920.00 on Friday. The stock’s market capitalization is GBX 1.64 billion. The company has a 50-day moving average of GBX 1,885.20 and a 200-day moving average of GBX 1,925.41. Victrex plc has a 1-year low of GBX 1,422.00 and a 1-year high of GBX 2,063.00.

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About Victrex plc

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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