Vertu Motors (LON:VTU) Price Target Lowered to GBX 76 at Stifel Nicolaus

Vertu Motors (LON:VTU) had its price objective dropped by analysts at Stifel Nicolaus from GBX 78 to GBX 76 in a report released on Thursday, MarketBeat reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 36.45% from the company’s previous close.

Vertu Motors Trading Down 6.7%

Shares of VTU traded down GBX 4 during mid-day trading on Thursday, reaching GBX 55.70. 1,192,278 shares of the company were exchanged, compared to its average volume of 617,499. The business has a 50 day simple moving average of GBX 62.73 and a two-hundred day simple moving average of GBX 61.94. The company has a debt-to-equity ratio of 66.13, a quick ratio of 0.26 and a current ratio of 1.02. The stock has a market capitalization of £172.32 million, a PE ratio of 11.68 and a beta of 0.82. Vertu Motors has a 52 week low of GBX 47.15 and a 52 week high of GBX 67.

Vertu Motors Company Profile

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.