Victorian Plumbing Group’s (VIC) Buy Rating Reiterated at Canaccord Genuity Group

Victorian Plumbing Group (LON:VIC)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a note issued to investors on Tuesday, LSE.Co.UK reports. They currently have a GBX 132 ($1.77) target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 28.16% from the company’s previous close.

Victorian Plumbing Group Stock Performance

VIC traded down GBX 2 ($0.03) during midday trading on Tuesday, reaching GBX 103 ($1.38). The company had a trading volume of 127,243 shares, compared to its average volume of 386,894. The company has a debt-to-equity ratio of 89.32, a quick ratio of 1.05 and a current ratio of 1.57. The stock has a market cap of £335.47 million, a PE ratio of 2,575.00, a P/E/G ratio of 0.51 and a beta of 1.03. The business has a 50-day moving average price of GBX 96.65 and a two-hundred day moving average price of GBX 88.71. Victorian Plumbing Group has a 12-month low of GBX 72 ($0.96) and a 12-month high of GBX 112 ($1.50).

Insider Buying and Selling at Victorian Plumbing Group

In other Victorian Plumbing Group news, insider Mark Radcliffe sold 2,700,000 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of GBX 100 ($1.34), for a total transaction of £2,700,000 ($3,615,425.82). Insiders own 62.68% of the company’s stock.

About Victorian Plumbing Group

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories in the United Kingdom. The company was incorporated in 2021 and is headquartered in Skelmersdale, the United Kingdom.