Vitec Group plc 11.4% Potential Decrease Indicated by Berenberg

Broker Ratings
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Vitec Group plc using EPIC/TICKER code (LON:VTC) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Vitec Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 975 GBX on its stock. This is indicating the analyst believes there is a potential downside of -11.4% from today’s opening price of 1100 GBX. Over the last 30 and 90 trading days the company share price has decreased 115 points and decreased 25 points respectively. The 1 year high share price is 1335 GBX while the 52 week low for the share price is 960 GBX.

Vitec Group plc has a 50 day moving average of 1,230.19 GBX and a 200 Day Moving Average share price is recorded at 1,178.15. There are currently 45,583,312 shares in issue with the average daily volume traded being 76,528. Market capitalisation for LON:VTC is £471,787,279 GBP.

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