Victoria (LON:VCP) Given “Buy” Rating at Berenberg Bank

Victoria (LON:VCP)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research note issued on Friday, London Stock Exchange reports. They presently have a GBX 100 target price on the stock. Berenberg Bank’s target price points to a potential upside of 81.78% from the company’s previous close.

Victoria Stock Performance

LON VCP opened at GBX 55.01 on Friday. The stock has a market capitalization of £63.46 million, a price-to-earnings ratio of -0.19 and a beta of 0.43. Victoria has a twelve month low of GBX 19.48 and a twelve month high of GBX 76.50. The company has a current ratio of 1.45, a quick ratio of 0.79 and a debt-to-equity ratio of -174.85. The stock has a 50-day moving average of GBX 61.48 and a 200 day moving average of GBX 43.83.

Victoria (LON:VCP) last issued its quarterly earnings results on Friday, July 24th. The company reported GBX (51.98) earnings per share (EPS) for the quarter. Victoria had a positive return on equity of 61.64% and a negative net margin of 31.11%. Sell-side analysts anticipate that Victoria will post 15.8739255 EPS for the current fiscal year.

Insider Activity

In other Victoria news, insider Geoff Wilding bought 150,000 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were purchased at an average price of GBX 67 per share, for a total transaction of £100,500. 41.00% of the stock is owned by company insiders.

About Victoria

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.