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Victoria (LON:VCP) Earns "Buy" Rating from Berenberg Bank

Victoria logo with Consumer Cyclical background

Victoria (LON:VCP - Get Free Report)'s stock had its "buy" rating reiterated by analysts at Berenberg Bank in a research report issued on Thursday, MarketBeat reports. They currently have a GBX 170 ($2.28) price objective on the stock. Berenberg Bank's price target points to a potential upside of 104.05% from the stock's previous close.

Victoria Stock Up 4.1%

LON:VCP traded up GBX 3.32 ($0.04) during trading hours on Thursday, hitting GBX 83.31 ($1.12). 1,304,444 shares of the stock traded hands, compared to its average volume of 700,086. The firm has a 50 day moving average price of GBX 69.52 and a 200 day moving average price of GBX 88.52. The company has a current ratio of 1.43, a quick ratio of 0.79 and a debt-to-equity ratio of -4,210.81. Victoria has a fifty-two week low of GBX 37 ($0.50) and a fifty-two week high of GBX 185 ($2.49). The firm has a market cap of £95.37 million, a price-to-earnings ratio of -0.89 and a beta of 0.98.

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

About Victoria

(Get Free Report)

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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