Rating Report: Analysts at Deutsche Bank Didn’t Change their “Hold” rating for Victrex PLC (LON:VCT). The Target Price Given is GBX 1650.00

November 30, 2016 - By Marie Mckinney

Victrex PLC (LON:VCT) Rating

Deutsche Bank currently has a GBX 1650.00 target price per share on the 1.47 billion GBP market cap company or -3.96% downside potential. In a note released on 30 November, Victrex PLC (LON:VCT) stock had its “Hold” Rating reaffirmed by equity research analysts at Deutsche Bank.

Victrex plc (LON:VCT) Ratings Coverage

Out of 16 analysts covering Victrex PLC (LON:VCT), 6 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 38% are positive. GBX 2450 is the highest target while GBX 1400 is the lowest. The GBX 1746.38 average target is 1.77% above today’s (GBX 1716) stock price. Victrex PLC has been the topic of 100 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Victrex plc (LON:VCT) earned “Neutral” rating by JP Morgan on Tuesday, February 2. The stock of Victrex plc (LON:VCT) earned “Buy” rating by Peel Hunt on Monday, May 16. JP Morgan maintained Victrex plc (LON:VCT) on Tuesday, May 17 with “Neutral” rating. The company was maintained on Friday, August 21 by Barclays Capital. As per Wednesday, October 5, the company rating was maintained by BNP Paribas. The stock has “Neutral” rating given by BNP Paribas on Thursday, September 1. Numis Securities maintained Victrex plc (LON:VCT) on Wednesday, July 22 with “Add” rating. On Wednesday, July 27 the stock rating was maintained by Peel Hunt with “Buy”. N+1 Singer maintained it with “Hold” rating and GBX 2100 target price in Thursday, October 8 report. Barclays Capital maintained it with “Equal Weight” rating and GBX 2100 target price in Friday, April 29 report.

About 39,517 shares traded hands. Victrex plc (LON:VCT) has risen 22.50% since May 2, 2016 and is uptrending. It has outperformed by 17.27% the S&P500.

Victrex plc is a United Kingdom-based holding company. The company has a market cap of 1.47 billion GBP. The Firm is engaged in the manufacture and sale of high performance polymers. It has a 18.34 P/E ratio. The Company’s operating divisions are Victrex Polymer Solutions and Invibio Biomaterial Solutions.

More news for Victrex plc (LON:VCT) were recently published by: Bloomberg.com, which released: “Victrex Jumps as Demand for Specialty Plastic Boosts Sales” on October 11, 2016. Seekingalpha.com‘s article titled: “Achieve ‘PEEK’ Returns With Victrex” and published on September 07, 2016 is yet another important article.

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