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Victrex plc 15% Potential Upside Indicated by Liberum Capital

Victrex plc using EPIC/TICKER code LON:VCT had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital. Victrex plc are listed in the Basic Materials sector within UK Main Market. Liberum Capital have set their target price at 2245 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 15% from the opening price of 1953 GBX. Over the last 30 and 90 trading days the company share price has increased 117 points and increased 187 points respectively.

 
Victrex plc LON:VCT has a 50 day moving average of 1,813.55 GBX and a 200 day moving average of 1,615.91 GBX. The 1 year high for the stock price is 1971 GBX while the 52 week low for the stock is 1275.58 GBX. There are currently 85,647,401 shares in issue with the average daily volume traded being 234,061. Market capitalisation for LON:VCT is £1,660,836,407 GBP.

 

Victrex plc is a United Kingdom-based holding company. The Company is engaged in the manufacture and sale of high performance polymers. The Company’s operating segments are Victrex Polymer Solutions and Invibio Biomaterial Solutions. The Victrex Polymer Solutions segment focuses on its automotive, aerospace, electronics and energy markets.


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