Vertical Aerospace Ltd. (NYSE:EVTL – Get Free Report) gapped up prior to trading on Monday after HC Wainwright raised their price target on the stock from $12.00 to $15.00. The stock had previously closed at $5.38, but opened at $6.20. HC Wainwright currently has a buy rating on the stock. Vertical Aerospace shares last traded at $5.94, with a volume of 714,189 shares.
Separately, D. Boral Capital initiated coverage on shares of Vertical Aerospace in a research report on Thursday, March 27th. They set a “buy” rating and a $15.00 price target for the company. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $11.70.
View Our Latest Stock Analysis on Vertical Aerospace
Institutional Investors Weigh In On Vertical Aerospace
Vertical Aerospace Price Performance
The stock has a 50 day moving average of $4.29 and a two-hundred day moving average of $5.82.
Vertical Aerospace (NYSE:EVTL – Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported $4.44 EPS for the quarter, beating the consensus estimate of ($0.40) by $4.84. As a group, analysts expect that Vertical Aerospace Ltd. will post -3.95 earnings per share for the current fiscal year.
Vertical Aerospace Company Profile
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.
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