Victorian Plumbing Group (LON:VIC) Stock Price Target Raised at Berenberg Bank

Victorian Plumbing Group (LON:VIC – Get Free Report) had its price target upped by research analysts at Berenberg Bank from GBX 115 to GBX 125 in a note issued to investors on Thursday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 47.37% from the stock’s previous close.

Separately, Canaccord Genuity Group boosted their price target on shares of Victorian Plumbing Group from GBX 132 to GBX 135 and gave the stock a “buy” rating in a research report on Tuesday. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 110.

Check Out Our Latest Report on Victorian Plumbing Group

Victorian Plumbing Group Stock Performance

VIC stock opened at GBX 84.82 on Thursday. The company has a 50-day simple moving average of GBX 75.72 and a 200 day simple moving average of GBX 76.87. The company has a market capitalization of £278.56 million, a P/E ratio of 20.69, a PEG ratio of 0.51 and a beta of 1.14. The company has a quick ratio of 1.05, a current ratio of 1.22 and a debt-to-equity ratio of 82.83. Victorian Plumbing Group has a fifty-two week low of GBX 63.86 and a fifty-two week high of GBX 90.

About Victorian Plumbing Group

(Get Free Report)

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.

See Also

Receive News & Ratings for Victorian Plumbing Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Victorian Plumbing Group and related companies with MarketBeat.com's FREE daily email newsletter.