Ratings Change: Vectura Group PLC (LON:VEC) Hold Rating Reaffirmed by Cantor Fitzgerald; With GBX 160.00 Target

November 23, 2016 - By Linda Rogers

Vectura Group PLC (LON:VEC) Rating

The firm have set target price of GBX 160.00 on Vectura Group PLC (LON:VEC) shares. This is 6.49% from the last stock price. In a research note made public on Wednesday, 23 November, Cantor Fitzgerald restate their Hold rating on shares of VEC.

Vectura Group PLC (LON:VEC) Ratings Coverage

Out of 8 analysts covering Vectura Group PLC (LON:VEC), 7 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 88% are positive. GBX 279 is the highest target while GBX 160 is the lowest. The GBX 215.25 average target is 43.40% above today’s (GBX 150.1) stock price. Vectura Group PLC has been the topic of 58 analyst reports since July 28, 2015 according to StockzIntelligence Inc. Numis Securities maintained Vectura Group PLC (LON:VEC) rating on Thursday, July 28. Numis Securities has “Buy” rating and GBX 246 price target. The stock of Vectura Group PLC (LON:VEC) has “Buy” rating given on Friday, January 8 by N+1 Singer. The firm has “Buy” rating given on Wednesday, November 23 by Peel Hunt. The firm has “Buy” rating given on Friday, June 24 by Numis Securities. The firm earned “Hold” rating on Wednesday, November 23 by Cantor Fitzgerald. The stock of Vectura Group PLC (LON:VEC) has “Buy” rating given on Friday, October 30 by N+1 Singer. On Thursday, November 17 the stock rating was maintained by Numis Securities with “Buy”. The rating was maintained by Numis Securities with “Buy” on Monday, February 22. The rating was maintained by Stifel Nicolaus on Tuesday, August 30 with “Buy”. The firm has “Buy” rating by N+1 Singer given on Tuesday, November 17.

About 1.39M shares traded hands. Vectura Group PLC (LON:VEC) has declined 16.40% since April 22, 2016 and is downtrending. It has underperformed by 21.73% the S&P500.

Vectura Group plc is engaged in research, development and commercialization of therapeutic products and drug delivery systems for human use. The company has a market cap of 1.02 billion GBP. The Company’s products include Ultibro Breezhaler and Rest of World (RoW)) – LABA-LAMA; Seebri Breezhaler (EU and RoW) – LAMA; AirFluSal Forspiro (EU and RoW) – ICS-LABA; ADVATE (Global) – Antihaemophilic Factor (Recombinant); Adept (Global) – Icodextrin; Anoro Ellipta (Global) – LAMA-LABA; Relvar Ellipta/Breo Ellipta (Global) – ICS-LABA, and Incruse Ellipta (Global) – LAMA. It has a 131.32 P/E ratio. The Company’s product pipeline includes VR588, VR475, VR647, VR942, VR179, VR736, VR096, VR876, VR315, VR506, VR632, Seebri Neohaler and VR465.

According to Zacks Investment Research, “Vectrus, Inc. engages in providing infrastructure asset management, logistics and supply chain management, and information technology and network communication services. Its services include operations, maintenance, management, engineering and sustainment for physical assets including a wide variety of facilities, information technology, network and communication systems, vehicles and equipment. The Company serves U.S. government customers worldwide. Vectrus, Inc. is based in United States.”

VEC Company Profile

Vectrus, Inc., incorporated on February 4, 2014, is a well-known provider of services to the United States Government across the world. The Firm offers services, including infrastructure asset management, logistics and supply chain management, and information technology and network communication. The Company’s infrastructure asset management services support the United States Army, Air Force and Navy, and include infrastructure services, security, warehouse management and distribution, ammunition management, civil engineering, air base maintenance and operations, communications, emergency services, transportation, and life support activities at various global military installations. The Company’s logistics and supply chain management services support and maintain the vehicle and equipment stocks of the United States Army and Marine Corps. The Company’s information technology and network communication services consist of sustainment of communications systems, network security, systems installation and full life cycle management of information technology systems. The Firm provides global service solutions in over 130 locations and approximately 20 countries across over three continents.

Another recent and important Vectura Group PLC (LON:VEC) news was published by Rttnews.com which published an article titled: “Vectura Group Signs with Hikma for Development of Asthma and COPD Product” on November 22, 2016.

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