Vertical Aerospace (NYSE:EVTL) Price Target Lowered to $13.00 at Deutsche Bank Aktiengesellschaft

Vertical Aerospace (NYSE:EVTL) had its price objective decreased by Deutsche Bank Aktiengesellschaft from $15.00 to $13.00 in a report published on Tuesday morning,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

A number of other equities research analysts also recently issued reports on EVTL. Raymond James reissued a “market perform” rating on shares of Vertical Aerospace in a research note on Tuesday, November 26th. Barclays increased their price objective on shares of Vertical Aerospace from $0.75 to $2.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Finally, Canaccord Genuity Group boosted their target price on shares of Vertical Aerospace from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th.

Vertical Aerospace Trading Down 6.1 %

Shares of Vertical Aerospace stock opened at $7.53 on Tuesday. Vertical Aerospace has a fifty-two week low of $3.55 and a fifty-two week high of $12.79. The stock has a 50 day moving average of $5.98 and a 200 day moving average of $53.98.

Vertical Aerospace Company Profile

Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.