Victoria's (VCP) Buy Rating Reiterated at Berenberg Bank

Victoria (LON:VCP - Get Free Report)'s stock had its "buy" rating reissued by research analysts at Berenberg Bank in a note issued to investors on Thursday, Marketbeat reports. They currently have a GBX 170 ($2.31) target price on the stock. Berenberg Bank's price objective would indicate a potential upside of 110.14% from the stock's current price.

Victoria Stock Up 9.9%

Shares of VCP traded up GBX 7.30 ($0.10) during trading hours on Thursday, hitting GBX 80.90 ($1.10). 2,327,084 shares of the company were exchanged, compared to its average volume of 697,640. The company has a market cap of £92.61 million, a PE ratio of -0.86 and a beta of 0.98. The firm's 50 day moving average is GBX 69.24 and its 200-day moving average is GBX 89.22. Victoria has a 52 week low of GBX 37 ($0.50) and a 52 week high of GBX 185 ($2.51). The company has a debt-to-equity ratio of -4,210.81, a quick ratio of 0.79 and a current ratio of 1.43.

Victoria (LON:VCP - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported GBX (10.62) (($0.14)) earnings per share for the quarter. Victoria had a negative net margin of 8.48% and a negative return on equity of 356.44%. On average, equities research analysts forecast that Victoria will post 15.8739255 EPS for the current fiscal year.

Victoria Company Profile

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories. Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.

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