Victorian Plumbing Group (LON:VIC) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Victorian Plumbing Group (LON:VIC) in a research note released on Tuesday, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 132 ($1.72) price objective on the stock.

Victorian Plumbing Group Trading Down 2.1 %

Shares of LON:VIC opened at GBX 108.69 ($1.42) on Tuesday. The company has a current ratio of 1.57, a quick ratio of 1.05 and a debt-to-equity ratio of 89.32. The stock has a market capitalization of £353.99 million, a PE ratio of 2,775.00, a P/E/G ratio of 0.51 and a beta of 1.03. Victorian Plumbing Group has a 1 year low of GBX 72 ($0.94) and a 1 year high of GBX 112 ($1.46). The firm has a fifty day moving average price of GBX 100.72 and a 200 day moving average price of GBX 91.56.

Insider Activity

In related news, insider Mark Radcliffe sold 2,700,000 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of GBX 100 ($1.31), for a total value of £2,700,000 ($3,525,724.73). 62.35% of the stock is currently owned by insiders.

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.