Vertical Aerospace (NYSE:EVTL) Given Market Perform Rating at Raymond James

Vertical Aerospace (NYSE:EVTL)‘s stock had its “market perform” rating restated by Raymond James in a note issued to investors on Tuesday,Benzinga reports.

A number of other equities analysts have also recently issued reports on EVTL. Barclays boosted their price objective on shares of Vertical Aerospace from $0.75 to $2.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Canaccord Genuity Group boosted their price target on Vertical Aerospace from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday.

Vertical Aerospace Price Performance

EVTL traded up $0.66 on Tuesday, hitting $7.63. 299,507 shares of the company were exchanged, compared to its average volume of 40,723. The firm has a fifty day simple moving average of $12.91 and a two-hundred day simple moving average of $56.23. Vertical Aerospace has a 12 month low of $3.55 and a 12 month high of $12.79.

About Vertical Aerospace

Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.