Vitec Group (LON:VTC) Stock Rating Reaffirmed by Shore Capital
Shore Capital reaffirmed their buy rating on shares of Vitec Group (LON:VTC) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports.
Several other brokerages also recently weighed in on VTC. Peel Hunt restated an under review rating on shares of Vitec Group in a research note on Thursday, November 28th. Berenberg Bank restated a hold rating and set a GBX 975 ($12.83) target price on shares of Vitec Group in a research note on Friday, January 17th.
Shares of VTC stock opened at GBX 997 ($13.11) on Monday. Vitec Group has a 1-year low of GBX 960 ($12.63) and a 1-year high of GBX 1,335 ($17.56). The stock’s fifty day moving average price is GBX 1,057.70 and its 200 day moving average price is GBX 1,132.24. The company has a debt-to-equity ratio of 83.10, a current ratio of 2.04 and a quick ratio of 1.08. The company has a market cap of $456.51 million and a price-to-earnings ratio of 15.53.
The Vitec Group plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional images for the broadcast, cinematic, video, and photographic applications worldwide. It operates through three divisions: Imaging Solutions, Production Solutions, and Creative Solutions.
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