Victrex plc 16% Potential Decrease Indicated by UBS

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Victrex plc using EPIC/TICKER code (LON:VCT) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘SELL’ this morning by analysts at UBS. Victrex plc are listed in the Basic Materials sector within UK Main Market. UBS have set their target price at 1650 GBX on its stock. This would indicate that the analyst believes there is a downside of -16.0% from today’s opening price of 1965 GBX. Over the last 30 and 90 trading days the company share price has decreased 103 points and decreased 133 points respectively. The 1 year high share price is 2574 GBX while the year low share price is currently 1645 GBX.

Victrex plc has a 50 day moving average of 2,032.77 GBX and a 200 day moving average of 2,209.51. There are currently 86,594,617 shares in issue with the average daily volume traded being 352,038. Market capitalisation for LON:VCT is £1,634,040,422 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.
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