Victrex plc 7.5% Potential Upside Indicated by UBS

Broker Ratings

Victrex plc with EPIC/TICKER (LON:VCT) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ today by analysts at UBS. Victrex plc are listed in the Basic Materials sector within UK Main Market. UBS have set a target price of 2225 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 7.5% from the opening price of 2070 GBX. Over the last 30 and 90 trading days the company share price has decreased 402 points and decreased 294 points respectively. The 52 week high for the stock is 3438.06 GBX while the 52 week low for the share price is 2058 GBX.

Victrex plc has a 50 day moving average of 2,349.96 GBX and a 200 day moving average of 2,627.97. There are currently 86,404,778 shares in issue with the average daily volume traded being 419,939. Market capitalisation for LON:VCT is £1,795,491,286 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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