Vertu Motors Plc (VTU) Stock Rating Reaffirmed by Liberum Capital
Separately, Canaccord Genuity reaffirmed a buy rating and issued a GBX 81 ($1.06) price target 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. The firm’s market capitalization is GBX 168.98 million. The company’s 50-day moving average is GBX 45.65 and its 200 day moving average is GBX 46.57. Vertu Motors Plc has a 52 week low of GBX 38.25 and a 52 week high of GBX 52.31.
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The firm also recently announced a dividend, which will be paid on Monday, July 31st. Shareholders of record on Thursday, June 29th will be issued a dividend of GBX 0.90 ($0.01) per share. This represents a dividend yield of 1.9%. This is a boost from Vertu Motors Plc’s previous dividend of $0.50. The ex-dividend date is Thursday, June 29th.
About Vertu Motors Plc
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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