November 29, 2016 - By Louis Casey
The broker have set price target of GBX 850.00 on VP PLC (LON:VP) shares. This is 14.06% from the last stock close price. In a note sent to investors on Tuesday, 29 November, Peel Hunt kept their “Add” rating on shares of VP.
Out of 3 analysts covering VP PLC (LON:VP), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 850 is the highest target while GBX 750 is the lowest. The GBX 837.50 average target is 13.89% above today’s (GBX 735.39) stock price. VP PLC has been the topic of 14 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Peel Hunt upgraded Vp plc (LON:VP) on Wednesday, December 2 to “Buy” rating. Peel Hunt downgraded the shares of VP in a report on Monday, January 25 to “Add” rating. The stock of Vp plc (LON:VP) earned “Corporate” rating by N+1 Singer on Friday, September 30. The firm has “Buy” rating by WH Ireland given on Wednesday, November 25. Peel Hunt maintained it with “Hold” rating and GBX 750 target price in Wednesday, November 25 report. The firm earned “Corporate” rating on Wednesday, September 28 by N+1 Singer. The rating was maintained by Peel Hunt with “Buy” on Thursday, January 7. The stock of Vp plc (LON:VP) earned “Add” rating by Peel Hunt on Tuesday, June 7. On Wednesday, July 22 the stock rating was maintained by N+1 Singer with “Corporate”. The firm earned “Hold” rating on Wednesday, November 4 by Peel Hunt.
About 14,298 shares traded hands or 19.96% up from the average. Vp plc (LON:VP) has risen 1.39% since April 29, 2016 and is uptrending. It has underperformed by 3.87% the S&P500.
Vp plc is engaged in equipment rental and associated services. The company has a market cap of 295.29 million GBP. The Firm is engaged in providing services and products to a range of end markets, including infrastructure, construction, house building, and gas and oil, both in the United Kingdom and overseas. It has a 13.51 P/E ratio. The Company’s divisions include UK Forks, Groundforce, Airpac Bukom, Hire Station, Torrent Trackside and TPA.
More news for Vp plc (LON:VP) were recently published by: Rttnews.com, which released: “Vp plc buys New Zealand-based TechRentals for NZ$2.59 mln” on November 25, 2016. Fool.Co.Uk‘s article titled: “3 undervalued growth plays: Barclays plc, Ashtead Group plc & Vp plc” and published on June 16, 2016 is yet another important article.
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By Louis Casey