Home » Reports » Victrex plc 11.6% Potential Decrease Indicated by Morgan Stanley

Victrex plc 11.6% Potential Decrease Indicated by Morgan Stanley

Victrex plc with EPIC/TICKER (LON:VCT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Morgan Stanley. Victrex plc are listed in the Basic Materials sector within UK Main Market. Morgan Stanley have set their target price at 1700 GBX on its stock. This would indicate that the analyst believes there is a downside of -11.6% from today’s opening price of 1924 GBX. Over the last 30 and 90 trading days the company share price has decreased 140 points and decreased 61 points respectively. The 1 year high stock price is 2574 GBX while the 52 week low for the stock is 1645 GBX.

Victrex plc has a 50 day moving average of 2,019.92 GBX and a 200 Day Moving Average share price is recorded at 2,202.06. There are currently 86,594,617 shares in issue with the average daily volume traded being 349,164. Market capitalisation for LON:VCT is £1,650,012,753 GBP.

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