Victorian Plumbing Group plc (LON:VIC – Get Free Report) reached a new 52-week high on Wednesday. The stock traded as high as GBX 90 and last traded at GBX 88, with a volume of 141,040 shares trading hands. The stock had previously closed at GBX 88.
Wall Street Analysts Forecast Growth
VIC has been the topic of several recent research reports. Canaccord Genuity Group boosted their price target on Victorian Plumbing Group from GBX 132 to GBX 135 and gave the stock a “buy” rating in a research report on Tuesday, October 13th. Berenberg Bank lifted their price objective on shares of Victorian Plumbing Group from GBX 115 to GBX 125 and gave the company a “buy” rating in a research note on Thursday, October 15th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 110.
Read Our Latest Analysis on Victorian Plumbing Group
Victorian Plumbing Group Stock Performance
The firm’s 50 day simple moving average is GBX 76.71 and its 200-day simple moving average is GBX 77.46. The company has a debt-to-equity ratio of 82.83, a quick ratio of 1.05 and a current ratio of 1.22. The company has a market capitalization of £289.01 million, a price-to-earnings ratio of 21.46, a P/E/G ratio of 0.51 and a beta of 1.14.
Victorian Plumbing Group Company Profile
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.
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