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Victorian Plumbing Group (LON:VIC) Given New GBX 70 Price Target at Deutsche Bank Aktiengesellschaft

Victorian Plumbing Group logo with Consumer Cyclical background

Key Points

  • Deutsche Bank Aktiengesellschaft has decreased the price target for Victorian Plumbing Group from GBX 95 to GBX 70, maintaining a "hold" rating on the stock.
  • Berenberg Bank has also reduced its target price to GBX 125, while issuing a "buy" rating, indicating mixed analyst opinions on the company's stock.
  • Victorian Plumbing Group has a current market cap of £216.26 million and is facing challenges with a debt-to-equity ratio of 88.15.
  • MarketBeat previews top five stocks to own in October.

Victorian Plumbing Group (LON:VIC - Get Free Report) had its target price cut by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 95 to GBX 70 in a report released on Tuesday, Marketbeat reports. The firm presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 11.82% from the stock's previous close.

Separately, Berenberg Bank lowered their price target on Victorian Plumbing Group from GBX 140 to GBX 125 and set a "buy" rating for the company in a research note on Monday, May 19th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Victorian Plumbing Group has a consensus rating of "Moderate Buy" and an average target price of GBX 114.75.

Check Out Our Latest Analysis on Victorian Plumbing Group

Victorian Plumbing Group Trading Down 1.3%

Victorian Plumbing Group stock traded down GBX 0.80 during trading hours on Tuesday, reaching GBX 62.60. 50,262 shares of the company's stock traded hands, compared to its average volume of 754,546. The company has a debt-to-equity ratio of 88.15, a quick ratio of 1.05 and a current ratio of 1.07. The firm has a market capitalization of £205.05 million, a price-to-earnings ratio of 2,980.95, a PEG ratio of 0.51 and a beta of 1.03. The firm's 50 day moving average is GBX 71.11 and its 200-day moving average is GBX 83.45. Victorian Plumbing Group has a fifty-two week low of GBX 62 and a fifty-two week high of GBX 124.

Insider Buying and Selling at Victorian Plumbing Group

In other Victorian Plumbing Group news, insider Philip Bowcock sold 181,000 shares of Victorian Plumbing Group stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of GBX 76, for a total transaction of £137,560. Also, insider Daniel Barton sold 90,418 shares of Victorian Plumbing Group stock in a transaction on Monday, June 16th. The stock was sold at an average price of GBX 78, for a total transaction of £70,526.04. 48.26% of the stock is currently owned by company insiders.

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.

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Analyst Recommendations for Victorian Plumbing Group (LON:VIC)

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