Canaccord Genuity Group Issues Positive Forecast for Victorian Plumbing Group (LON:VIC) Stock Price

Victorian Plumbing Group (LON:VIC – Free Report) had its price objective increased by Canaccord Genuity Group from GBX 132 to GBX 135 in a research note published on Tuesday morning,Digital Look reports. Canaccord Genuity Group currently has a buy rating on the stock.

Victorian Plumbing Group Trading Up 4.5%

LON:VIC opened at GBX 85.70 on Tuesday. The firm has a market cap of £281.45 million, a PE ratio of 20.90, a price-to-earnings-growth ratio of 0.51 and a beta of 1.14. The stock has a fifty day moving average price of GBX 75.51 and a 200 day moving average price of GBX 76.75. Victorian Plumbing Group has a 12-month low of GBX 63.86 and a 12-month high of GBX 90. The company has a current ratio of 1.22, a quick ratio of 1.05 and a debt-to-equity ratio of 82.83.

Victorian Plumbing Group Company Profile

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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.

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