Victrex plc 2.1% Potential Upside Indicated by Barclays Capital

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Victrex plc with EPIC/TICKER (LON:VCT) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘UNDERWEIGHT’ this morning by analysts at Barclays Capital. Victrex plc are listed in the Basic Materials sector within UK Main Market. Barclays Capital have set a target price of 2210 GBX on its stock. This is indicating the analyst believes there is a potential upside of 2.1% from the opening price of 2164 GBX. Over the last 30 and 90 trading days the company share price has decreased 200 points and decreased 88 points respectively. The 1 year high for the stock price is 3438.06 GBX while the 52 week low for the stock is 2082 GBX.

Victrex plc has a 50 day moving average of 2,361.50 GBX and a 200 day moving average of 2,735.97. There are currently 86,210,253 shares in issue with the average daily volume traded being 261,446. Market capitalisation for LON:VCT is £1,819,036,338 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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