Victoria (LON:VCP) Price Target Cut to GBX 170

Victoria (LON:VCP) had its price target decreased by stock analysts at Berenberg Bank from GBX 300 ($3.92) to GBX 170 ($2.22) in a note issued to investors on Tuesday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 50.44% from the company’s previous close.

Victoria Price Performance

VCP opened at GBX 113 ($1.48) on Tuesday. The firm has a market cap of £128.40 million, a price-to-earnings ratio of -120.21 and a beta of 0.98. The company has a current ratio of 1.43, a quick ratio of 0.79 and a debt-to-equity ratio of 1,494.32. Victoria has a twelve month low of GBX 111 ($1.45) and a twelve month high of GBX 470 ($6.14). The company has a fifty day simple moving average of GBX 140.37 and a 200 day simple moving average of GBX 177.23.

Victoria Company Profile

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Germany, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America.