Cooper,Timothy (Tim) J Acquires 8 Shares of Victrex plc (VCT) Stock
Victrex plc (LON:VCT) insider Cooper,Timothy (Tim) J purchased 8 shares of the business’s stock in a transaction on Friday, September 16th. The stock was acquired at an average price of GBX 1,509 ($19.70) per share, with a total value of £120.72 ($157.58).
Victrex plc (LON:VCT) opened at 1533.00 on Wednesday. Victrex plc has a 52-week low of GBX 1,275.58 and a 52-week high of GBX 1,961.00. The firm has a 50-day moving average of GBX 1,520.89 and a 200-day moving average of GBX 1,516.35. The stock’s market capitalization is GBX 1.31 billion.
A number of analysts have recently commented on VCT shares. BNP Paribas downgraded Victrex plc to an “underperform” rating and set a GBX 1,450 ($18.93) price objective for the company. in a report on Friday, September 16th. Numis Securities Ltd downgraded Victrex plc to an “add” rating and dropped their price objective for the stock from GBX 1,910 ($24.93) to GBX 1,850 ($24.15) in a report on Tuesday, July 12th. Credit Suisse Group AG restated an “outperform” rating and set a GBX 2,050 ($26.76) price objective on shares of Victrex plc in a report on Tuesday, August 23rd. Liberum Capital restated a “buy” rating and set a GBX 2,100 ($27.41) price objective on shares of Victrex plc in a report on Tuesday, July 5th. Finally, Berenberg Bank dropped their price objective on Victrex plc from GBX 1,620 ($21.15) to GBX 1,510 ($19.71) and set a “hold” rating for the company in a report on Thursday, July 21st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,713.92 ($22.37).
About Victrex plc
Victrex plc is a United Kingdom-based company engaged in the manufacture of polymer solutions. The Company’s products are used in smartphones, oil and gas equipment, medical devices, aeroplanes and cars. The Company has operations in industries such as Automotive, Aerospace, Electronics, Energy and Medical.
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