Victorian Plumbing Group plc (LON:VIC) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Victorian Plumbing Group plc has received a consensus recommendation of "Moderate Buy" from six research firms, with two analysts rating the stock as a hold and four as a buy.
• The average 12-month target price set by analysts is GBX 109.83, reflecting varying opinions, with some firms adjusting their price targets recently.
• The stock recently traded at GBX 82, having a market capitalization of £268.59 million and a price-to-earnings ratio of 3,904.76, indicating significant volatility in valuation.

Victorian Plumbing Group plc (LON:VIC - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six research firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 109.83.

Several research analysts recently weighed in on VIC shares. Peel Hunt upped their target price on shares of Victorian Plumbing Group from GBX 80 to GBX 110 and gave the company a "hold" rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Victorian Plumbing Group from GBX 95 to GBX 70 and set a "hold" rating for the company in a report on Tuesday, August 26th. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 132 price target on shares of Victorian Plumbing Group in a research report on Tuesday. Shore Capital reaffirmed a "buy" rating and set a GBX 90 price objective on shares of Victorian Plumbing Group in a research report on Tuesday. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 125 target price on shares of Victorian Plumbing Group in a report on Tuesday.

Victorian Plumbing Group Price Performance

LON VIC traded up GBX 4 during mid-day trading on Tuesday, hitting GBX 82. The stock had a trading volume of 545,967 shares, compared to its average volume of 737,929. Victorian Plumbing Group has a twelve month low of GBX 56.80 and a twelve month high of GBX 124. The company has a debt-to-equity ratio of 88.15, a current ratio of 1.07 and a quick ratio of 1.05. The firm's 50 day moving average is GBX 66.11 and its 200 day moving average is GBX 78.29. The stock has a market capitalization of £268.59 million, a price-to-earnings ratio of 3,904.76, a PEG ratio of 0.51 and a beta of 1.03.

About Victorian Plumbing Group

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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