Victrex plc 9.6% Potential Decrease Indicated by Citigroup

Broker Ratings
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Victrex plc using EPIC/TICKER code (LON:VCT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Citigroup. Victrex plc are listed in the Basic Materials sector within UK Main Market. Citigroup have set a target price of 1750 GBX on its stock. This would indicate that the analyst believes there is a downside of -9.6% from today’s opening price of 1935 GBX. Over the last 30 and 90 trading days the company share price has decreased 18 points and decreased 315 points respectively. The 52 week high for the share price is currently at 2574 GBX while the year low stock price is currently 1645 GBX.

Victrex plc has a 50 day moving average of 2,037.75 GBX and a 200 Day Moving Average share price is recorded at 2,222.30. There are currently 946,408,101 shares in issue with the average daily volume traded being 284,898. Market capitalisation for LON:VCT is £1,728,171,250 GBP.

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