Vertu Motors (LON:VTU) Earns House Stock Rating from Shore Capital Group

Vertu Motors (LON:VTU)‘s stock had its “house stock” rating reissued by equities researchers at Shore Capital Group in a report issued on Wednesday,London Stock Exchange reports.

Separately, Stifel Nicolaus dropped their price target on Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating for the company in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Vertu Motors currently has a consensus rating of “Buy” and a consensus price target of GBX 76.

Vertu Motors Stock Up 3.0%

Shares of LON:VTU opened at GBX 75.20 on Wednesday. The stock has a market capitalization of £230.20 million, a P/E ratio of 17.53 and a beta of 0.79. The stock’s 50-day moving average price is GBX 66.88 and its 200-day moving average price is GBX 63.61. The company has a current ratio of 1.02, a quick ratio of 0.26 and a debt-to-equity ratio of 64.98. Vertu Motors has a 12-month low of GBX 55 and a 12-month high of GBX 77.70.

Vertu Motors (LON:VTU) last issued its earnings results on Wednesday, May 13th. The company reported GBX 4.62 earnings per share for the quarter. Vertu Motors had a return on equity of 4.05% and a net margin of 0.30%.The company had revenue of GBX 483.38 billion during the quarter. On average, equities analysts anticipate that Vertu Motors will post 8.9391576 earnings per share for the current year.

Insider Transactions at Vertu Motors

In other news, insider David Crane sold 1,041,147 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of GBX 65, for a total value of £676,745.55. Also, insider Karen Anderson sold 524,839 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of GBX 65, for a total value of £341,145.35. In the last 90 days, insiders sold 1,580,026 shares of company stock worth $102,701,690. Corporate insiders own 4.58% of the company’s stock.

About Vertu Motors

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.