Vitec Group plc 10% Potential Decrease Indicated by Berenberg

Broker Ratings
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Vitec Group plc with EPIC/TICKER (LON:VTC) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Vitec Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 630 GBX on its stock. This would indicate that the analyst believes there is a downside of -10.0% from the opening price of 700 GBX. Over the last 30 and 90 trading days the company share price has increased 40 points and decreased 142 points respectively. The 1 year high share price is 1335 GBX while the year low share price is currently 508 GBX.

Vitec Group plc has a 50 day moving average of 684.62 GBX and a 200 Day Moving Average share price is recorded at 996.43. There are currently 45,612,175 shares in issue with the average daily volume traded being 25,915. Market capitalisation for LON:VTC is £318,372,981 GBP.

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