Berenberg Bank Reaffirms Buy Rating for Victoria (LON:VCP)

Berenberg Bank restated their buy rating on shares of Victoria (LON:VCP) in a research report report published on Wednesday, Digital Look reports. The brokerage currently has a GBX 330 ($4.06) price objective on the stock.

Separately, Peel Hunt restated a buy rating on shares of Victoria in a report on Wednesday.

Shares of LON VCP opened at GBX 264 ($3.25) on Wednesday. The firm has a market cap of $331.05 million and a PE ratio of -71.35. Victoria has a 12-month low of GBX 2.55 ($0.03) and a 12-month high of GBX 550 ($6.77). The company’s fifty day simple moving average is GBX 245.49 and its 200 day simple moving average is GBX 277.77. The company has a quick ratio of 1.15, a current ratio of 1.93 and a debt-to-equity ratio of 157.58.

Victoria (LON:VCP) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 28.42 ($0.35) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 35.90 ($0.44) by GBX (7.48) (($0.09)).

About Victoria

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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