Peel Hunt Reiterates Hold Rating for VP (LON:VP)

VP (LON:VP)‘s stock had its “hold” rating reiterated by equities researchers at Peel Hunt in a research note issued on Wednesday, Stock Target Advisor reports.

Separately, Peel Hunt reaffirmed a “hold” rating and issued a GBX 800 ($10.45) price objective on shares of VP in a research note on Tuesday, October 1st.

Shares of LON VP opened at GBX 880 ($11.50) on Wednesday. The business’s 50 day moving average is GBX 864.13 and its two-hundred day moving average is GBX 813.29. The company has a debt-to-equity ratio of 116.91, a current ratio of 1.16 and a quick ratio of 0.98. VP has a 1-year low of GBX 690 ($9.02) and a 1-year high of GBX 1,060 ($13.85). The stock has a market capitalization of $353.36 million and a P/E ratio of 13.81.

VP Company Profile

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. It operates through Hire Station, Torrent Trackside, Groundforce, TPA, UK Forks, Airpac Bukom, and TR Group businesses. The Hire Station business engages in the rental of small tools; and climate, lifting, safety, survey, and press fitting equipment to the industry and construction markets, as well as homeowners.

See Also: Cost of Equity For A Business, Investors

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