Victrex’s (VCT) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their hold rating on shares of Victrex (LON:VCT) in a research note published on Friday,Digital Look reports. Jefferies Financial Group currently has a GBX 595 target price on the stock.

A number of other equities analysts have also commented on the company. Berenberg Bank lifted their price objective on Victrex from GBX 680 to GBX 870 and gave the stock a “hold” rating in a research note on Friday, September 11th. Citigroup increased their target price on Victrex from GBX 700 to GBX 1,000 and gave the company a “neutral” rating in a research note on Friday, September 11th. Finally, JPMorgan Chase & Co. raised their target price on Victrex from GBX 625 to GBX 785 and gave the company a “neutral” rating in a report on Thursday, September 10th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 761.43.

Victrex Stock Up 1.8%

VCT stock opened at GBX 893.74 on Friday. The firm has a market cap of £778.95 million, a price-to-earnings ratio of -39.90, a PEG ratio of 1.92 and a beta of 0.82. Victrex has a 1-year low of GBX 515 and a 1-year high of GBX 1,024. The company has a debt-to-equity ratio of 21.30, a current ratio of 2.35 and a quick ratio of 1.99. The firm has a fifty day moving average price of GBX 847.11 and a two-hundred day moving average price of GBX 695.65.

About Victrex

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.