Victoria PLC 54.3% potential upside indicated by Berenberg Bank

Victoria PLC with ticker (LON:VCP) now has a potential upside of 54.3% according to Berenberg Bank.

VCP.L

Berenberg Bank set a target price of 170 GBX for the company, which when compared to the Victoria PLC share price of 110 GBX at opening today (21/10/2024) indicates a potential upside of 54.3%. Trading has ranged between 110 (52 week low) and 470 (52 week high) with an average of 105,577 shares exchanging hands daily. The market capitalisation at the time of writing is £125,642,212.

Victoria PLC is a designer, manufacturer, and distributor of flooring products. It designs, manufactures, and distributes a range of carpet, ceramic and porcelain tiles, underlay, luxury vinyl tile (LVT), artificial grass and flooring accessories, aimed at the middle-to-upper segment of the market. Its segments include soft flooring products in UK & Europe; ceramic tiles in UK & Europe; flooring products in Australia; and flooring products in North America. The UK & Europe Soft Flooring segment operations involve the manufacture and distribution of carpets, flooring underlay, artificial grass, LVT, and associated accessories. The UK & Europe Ceramic Tiles segment operations involve the manufacture and distribution of wall and floor ceramic tiles. The flooring products in Australia segment operations involve the manufacture and distribution of carpets, flooring underlay and LVT. The flooring products in North America segment operations involve the distribution of hard flooring and LVT.