Vertical Aerospace’s (EVTL) Market Perform Rating Reaffirmed at Raymond James

Raymond James reaffirmed their market perform rating on shares of Vertical Aerospace (NYSE:EVTL) in a research note issued to investors on Tuesday morning,Benzinga reports.

Other equities research analysts have also recently issued reports about the company. Barclays increased their price objective on Vertical Aerospace from $0.75 to $2.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Canaccord Genuity Group increased their price objective on Vertical Aerospace from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Tuesday.

Vertical Aerospace Price Performance

EVTL opened at $7.70 on Tuesday. Vertical Aerospace has a 1-year low of $3.55 and a 1-year high of $12.79. The business has a 50 day moving average of $12.91 and a 200-day moving average of $56.23.

Vertical Aerospace Company Profile

Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.