Victoria (LON:VCP) Price Target Raised to GBX 100

Victoria (LON:VCP) had its price objective boosted by Berenberg Bank from GBX 60 to GBX 100 in a research note issued to investors on Friday, Marketbeat reports. They currently have a buy rating on the stock.

Victoria Stock Performance

VCP opened at GBX 66.50 on Friday. The business’s 50-day simple moving average is GBX 51.27 and its 200 day simple moving average is GBX 37.89. Victoria has a 52-week low of GBX 19.48 and a 52-week high of GBX 111. The company has a debt-to-equity ratio of -174.85, a quick ratio of 0.79 and a current ratio of 1.45. The firm has a market capitalization of £76.71 million, a PE ratio of 0.02 and a beta of 0.43.

Victoria (LON:VCP) last posted its quarterly earnings results on Friday, July 24th. The company reported GBX (51.98) earnings per share for the quarter. Victoria had a negative net margin of 31.11% and a positive return on equity of 61.64%. As a group, sell-side analysts expect that Victoria will post 15.8739255 earnings per share for the current fiscal year.

Victoria Company Profile

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.