Victoria’s (VCP) Buy Rating Reiterated at Berenberg Bank

Victoria (LON:VCP)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 575 ($7.51) price objective on the stock. Berenberg Bank’s target price suggests a potential upside of 21.31% from the company’s previous close.

Shares of VCP stock remained flat at $GBX 474 ($6.19) on Wednesday. 118,932 shares of the stock were exchanged, compared to its average volume of 256,187. The stock has a market cap of $594.39 million and a P/E ratio of -74.06. The business has a 50-day moving average of GBX 504.72. The company has a current ratio of 1.80, a quick ratio of 1.02 and a debt-to-equity ratio of 125.88. Victoria has a twelve month low of GBX 315 ($4.12) and a twelve month high of GBX 855.20 ($11.17).

Victoria Company Profile

Victoria PLC designs, manufactures, and distributes flooring products primarily in the United Kingdom and Australia. It also provides wool and synthetic broadloom carpets, flooring underlays, luxury vinyl tiles (LVT), hardwood flooring products, artificial grass, carpet tiles, and flooring accessories, as well as markets and distributes LVT and hardwood flooring products.

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