Vertu Motors’ (VTU) “House Stock” Rating Reiterated at Shore Capital Group

Shore Capital Group reaffirmed their house stock rating on shares of Vertu Motors (LON:VTU) in a report issued on Wednesday, Marketbeat.com reports.

Separately, Stifel Nicolaus dropped their price target on shares of Vertu Motors from GBX 78 to GBX 76 and set a “buy” rating on the stock in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Vertu Motors presently has an average rating of “Buy” and an average target price of GBX 76.

Vertu Motors Price Performance

Shares of Vertu Motors stock opened at GBX 64 on Wednesday. The firm has a market cap of £197.46 million, a price-to-earnings ratio of 13.42 and a beta of 0.66. The company has a debt-to-equity ratio of 64.98, a current ratio of 1.02 and a quick ratio of 0.26. Vertu Motors has a 1 year low of GBX 55 and a 1 year high of GBX 67. The company has a 50-day moving average of GBX 61.35 and a 200 day moving average of GBX 62.31.

Vertu Motors (LON:VTU) last released its quarterly earnings data on Wednesday, May 13th. The company reported GBX 4.62 earnings per share for the quarter. The business had revenue of GBX 483.38 billion during the quarter. Vertu Motors had a net margin of 0.30% and a return on equity of 4.05%. As a group, sell-side analysts anticipate that Vertu Motors will post 8.9391576 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider David Crane sold 1,041,147 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of GBX 65, for a total value of £676,745.55. Also, insider Karen Anderson sold 524,839 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of GBX 65, for a total transaction of £341,145.35. In the last three months, insiders sold 1,580,026 shares of company stock worth $102,701,690. 4.38% of the stock is currently owned by insiders.

About Vertu Motors

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.