Shares of Vertical Aerospace Ltd. (NYSE:EVTL – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 29,213 shares changed hands during mid-day trading, a decline of 10% from the previous session’s volume of 32,284 shares.The stock last traded at $5.49 and had previously closed at $5.80.
Wall Street Analysts Forecast Growth
EVTL has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Vertical Aerospace from a “hold” rating to a “buy” rating and upped their price objective for the stock from $1.00 to $1.50 in a report on Tuesday, July 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a $1.50 price objective on shares of Vertical Aerospace in a report on Friday, September 13th.
Read Our Latest Analysis on EVTL
Vertical Aerospace Stock Performance
About Vertical Aerospace
Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. The company was founded in 2016 and is headquartered in Bristol, the United Kingdom.
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