Victorian Plumbing Group (LON:VIC) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Victorian Plumbing Group (LON:VIC) had its price objective boosted by analysts at Canaccord Genuity Group from GBX 132 to GBX 135 in a report issued on Tuesday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 54.46% from the stock’s current price.

Victorian Plumbing Group Stock Up 2.0%

Victorian Plumbing Group stock opened at GBX 87.40 on Tuesday. Victorian Plumbing Group has a fifty-two week low of GBX 63.86 and a fifty-two week high of GBX 90. The company has a debt-to-equity ratio of 82.83, a quick ratio of 1.05 and a current ratio of 1.22. The company has a market capitalization of £287.04 million, a P/E ratio of 21.32, a PEG ratio of 0.51 and a beta of 1.14. The stock has a 50-day simple moving average of GBX 75.72 and a 200-day simple moving average of GBX 76.87.

Victorian Plumbing Group Company Profile

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.