Victrex plc 0% Potential Decrease Indicated by Stifel

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Victrex plc with EPIC/TICKER (LON:VCT) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ this morning by analysts at Stifel. Victrex plc are listed in the Basic Materials sector within UK Main Market. Stifel have set a target price of 2125 GBX on its stock. This would imply the analyst believes there is a potential downside of .0% from today’s opening price of 2124 GBX. Over the last 30 and 90 trading days the company share price has increased 173 points and decreased 74 points respectively. The 1 year high for the share price is 3400 GBX while the 52 week low for the share price is 1813.68 GBX.

Victrex plc has a 50 day moving average of 2,062.37 GBX and a 200 day moving average of 2,220.20. There are currently 86,442,448 shares in issue with the average daily volume traded being 321,329. Market capitalisation for LON:VCT is £1,867,156,876 GBP.

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    Victrex plc (LON:VCT) announces interim results for the 6 months ended 31 March 2024, highlighting revenue, profit, and growth targets. CEO Jakob Sigurdsson provides insights.
    Victrex plc is a world leader in high-performance polymer solutions. In their Q1 2024 statement, they report a decline in revenue and volume but highlight progress in certain end-markets. They also discuss their financial position and cost actions. CEO Jakob Sigurdsson remains optimistic about the opportunity for progress in the future.

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