Victorian Plumbing Group’s (VIC) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Victorian Plumbing Group (LON:VIC)‘s stock had its “hold” rating reissued by equities researchers at Deutsche Bank Aktiengesellschaft in a research report issued on Wednesday,London Stock Exchange reports. They currently have a GBX 80 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 5.40% from the company’s current price.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 115 target price on shares of Victorian Plumbing Group in a report on Tuesday. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 105.40.

Victorian Plumbing Group Stock Up 1.3%

Shares of LON:VIC opened at GBX 75.90 on Wednesday. The firm has a market cap of £249.20 million, a PE ratio of 19.46, a price-to-earnings-growth ratio of 0.51 and a beta of 1.14. The company has a fifty day simple moving average of GBX 74.59 and a 200 day simple moving average of GBX 76.25. The company has a current ratio of 1.25, a quick ratio of 1.05 and a debt-to-equity ratio of 84.32. Victorian Plumbing Group has a 12-month low of GBX 56.80 and a 12-month high of GBX 90.

Victorian Plumbing Group (LON:VIC) last posted its quarterly earnings results on Tuesday, May 19th. The company reported GBX 2.10 EPS for the quarter. The business had revenue of £168.80 million during the quarter. Victorian Plumbing Group had a return on equity of 22.57% and a net margin of 4.21%. On average, equities research analysts anticipate that Victorian Plumbing Group will post 5.980995 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Daniel Barton sold 54,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of GBX 84, for a total transaction of £45,360. Insiders own 48.16% of the company’s stock.

About Victorian Plumbing Group

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.