Victorian Plumbing Group (LON:VIC) Price Target Raised to GBX 125

Victorian Plumbing Group (LON:VIC) had its price target hoisted by Berenberg Bank from GBX 115 to GBX 125 in a report issued on Thursday,Digital Look reports. They currently have a buy rating on the stock.

Separately, Canaccord Genuity Group raised their target price on shares of Victorian Plumbing Group from GBX 132 to GBX 135 and gave the stock a “buy” rating in a research report on Tuesday, October 13th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Victorian Plumbing Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 110.

Victorian Plumbing Group Trading Up 0.7%

LON VIC opened at GBX 87.60 on Thursday. Victorian Plumbing Group has a 12 month low of GBX 63.86 and a 12 month high of GBX 90. The company has a 50-day moving average of GBX 76.15 and a 200-day moving average of GBX 77.08. The company has a debt-to-equity ratio of 82.83, a current ratio of 1.22 and a quick ratio of 1.05. The company has a market cap of £287.69 million, a P/E ratio of 21.37, a P/E/G ratio of 0.51 and a beta of 1.14.

Victorian Plumbing Group Company Profile

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.