Vertu Motors Plc (LON:VTU) had its target price cut by Canaccord Genuity from GBX 81 ($1.06) to GBX 75 ($0.98) in a report issued on Wednesday morning. They currently have a buy rating on the stock.

Separately, Liberum Capital reiterated a buy rating and set a GBX 90 ($1.17) price objective on shares of Vertu Motors Plc in a report on Wednesday, May 10th.

Shares of Vertu Motors Plc (LON:VTU) opened at 42.75 on Wednesday. Vertu Motors Plc has a 12 month low of GBX 38.25 and a 12 month high of GBX 52.31. The company’s market capitalization is GBX 168.98 million. The firm’s 50-day moving average is GBX 45.65 and its 200 day moving average is GBX 46.57.

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The company also recently declared a dividend, which will be paid on Monday, July 31st. Investors of record on Thursday, June 29th will be given a dividend of GBX 0.90 ($0.01) per share. This is a positive change from Vertu Motors Plc’s previous dividend of $0.50. This represents a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, June 29th.

Vertu Motors Plc Company Profile

Vertu Motors plc is an automotive retailer in the United Kingdom. The principal activity of the Company is the sale of new cars, motorcycles, and commercial vehicles and used vehicles, together with related aftersales services. The Company is engaged in the provision of management services to all subsidiary statutory entities.

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