Victoria (LON:VCP) Coverage Initiated by Analysts at Peel Hunt

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Peel Hunt assumed coverage on shares of Victoria (LON:VCP) in a report published on Thursday morning, Stock Target Advisor reports. The brokerage issued a buy rating and a GBX 480 ($6.31) target price on the stock.

Separately, Berenberg Bank reiterated a buy rating and issued a GBX 575 ($7.56) price objective on shares of Victoria in a research report on Tuesday, November 26th.

Shares of LON VCP traded down GBX 10 ($0.13) during mid-day trading on Thursday, hitting GBX 405 ($5.33). 94,145 shares of the company were exchanged, compared to its average volume of 256,187. The company has a quick ratio of 1.15, a current ratio of 1.93 and a debt-to-equity ratio of 157.58. The stock has a 50 day simple moving average of GBX 431.36 and a 200-day simple moving average of GBX 453.55. Victoria has a 1-year low of GBX 175 ($2.30) and a 1-year high of GBX 550 ($7.23). The firm has a market cap of $507.86 million and a price-to-earnings ratio of -109.46.

About Victoria

Victoria PLC designs, manufactures, and distributes flooring products primarily in the United Kingdom 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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