Shore Capital Group Reaffirms “Under review” Rating for VP (LON:VP)

VP (LON:VP)‘s stock had its “under review” rating reaffirmed by stock analysts at Shore Capital Group in a note issued to investors on Friday,Digital Look reports.

Separately, Peel Hunt reissued a “buy” rating and set a GBX 700 price objective on shares of VP in a report on Friday, December 19th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 753.33.

VP Trading Up 5.0%

Shares of VP stock traded up GBX 23 during mid-day trading on Friday, reaching GBX 480. The company’s stock had a trading volume of 25,646 shares, compared to its average volume of 390. The company’s 50 day simple moving average is GBX 466.33 and its 200-day simple moving average is GBX 522.48. The firm has a market capitalization of £189.41 million, a PE ratio of -35.22 and a beta of 0.32. VP has a 12-month low of GBX 460 and a 12-month high of GBX 745. The company has a quick ratio of 1.08, a current ratio of 1.14 and a debt-to-equity ratio of 166.22.

Insider Transactions at VP

In other VP news, insider Keith Winstanley purchased 3,231 shares of VP stock in a transaction dated Wednesday, March 18th. The shares were bought at an average cost of GBX 464 per share, for a total transaction of £14,991.84. Also, insider Richard Smith purchased 10,000 shares of VP stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average price of GBX 486 per share, for a total transaction of £48,600. Company insiders own 57.50% of the company’s stock.

VP Company Profile

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.