# Volex PLC 21.2% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/volex-plc-21.2-potential-upside-indicated-by-berenberg-bank/4121163389
- Published: 2024-07-01T13:56:50+01:00
- Author: Charlotte Edwards

**Volex PLC** with ticker (LON:VLX) now has a potential upside of 21.2% according
to Berenberg Bank.
VLX.LBerenberg Bank set a target price of 400 GBX for the company,
which when compared to the Volex PLC share price of 330 GBX at opening today (01/
07/2024) indicates a potential upside of 21.2%. Trading has ranged between 265 (
52 week low) and 365 (52 week high) with an average of 342,445 shares exchanging
hands daily. The market capitalisation at the time of writing is £619,623,650.Volex
plc is engaged in integrated manufacturing of performance-critical applications 
and power and data connectivity solutions. The Company’s portfolio of products, 
capabilities and solutions include power cords, plugs, connectors, receptacles; 
integrated manufacturing services; electric vehicle charging solutions; consumer
cable harnesses and power products; high-speed copper interconnect cable/data transfer
cable; and data center power cables/power cords. It manufactures a range of electric
vehicle charging components. It manufactures consumer cable harnesses and power 
products for the global white goods market offering performance through its integrated
manufacturing services that cover the entire process. It delivers high-speed data
cables, which undergo end-to-end testing to ensure they surpass its customers’ quality
and performance requirements. The Company provides services to select power cables
with the right plugs and connectors, cordage, materials, and lengths.

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