Victoria (LON:VCP) Price Target Raised to GBX 1,000 at Berenberg Bank

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Victoria (LON:VCP) had its price target lifted by Berenberg Bank from GBX 770 ($10.06) to GBX 1,000 ($13.07) in a report issued on Monday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price points to a potential upside of 11.00% from the stock’s previous close.

Shares of VCP stock opened at GBX 900.90 ($11.77) on Monday. The company has a debt-to-equity ratio of 222.24, a current ratio of 1.94 and a quick ratio of 1.28. The firm has a market cap of £1.05 billion and a PE ratio of -14.82. The company has a 50-day moving average of GBX 808.40 and a two-hundred day moving average of GBX 617.85. Victoria has a 1-year low of GBX 185 ($2.42) and a 1-year high of GBX 920 ($12.02).

Victoria Company Profile

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, rest of Europe, 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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