Vivo Energy PLC 27.7% potential upside indicated by JP Morgan

Broker Ratings

Vivo Energy PLC with ticker (LON:VVO) now has a potential upside of 27.7% according to JP Morgan.

JP Morgan set a target price of 142 GBX for the company, which when compared to the Vivo Energy PLC share price of 103 GBX at opening today (27/10/2021) indicates a potential upside of 27.7%. Trading has ranged between 70 (52 week low) and 117 (52 week high) with an average of 1,684,220 shares exchanging hands daily. The market capitalisation at the time of writing is £1,357,030,742.

Vivo Energy PLC is a United Kingdom-based company that distributes and markets Shell-branded fuels and lubricants to retail and commercial customers in Africa. The Company’s retail offers fuels, lubricants, card services, shops and services, quick service restaurants, convenience retail, other auxiliary services and liquefied petroleum gas (LPG). Retail fuel products include Shell fuelsave (diesel and unleaded), Shell V-power (diesel and unleaded), Shell diesel extra, and Shell unleaded extra. Its lubricants products include Shell Helix, Shell rimula, and Shell advance. The Company’s commercial offers comprehensive range of Shell fuels (including LPG) and lubricants products to commercial customers. The Company also offers card services, such as Shell card, private motorist payment and prepaid card.

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