Vertical Aerospace (NYSE:EVTL) Shares Gap Up – Here’s Why

Vertical Aerospace Ltd. (NYSE:EVTLGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $6.03, but opened at $6.30. Vertical Aerospace shares last traded at $6.30, with a volume of 2,678 shares changing hands.

Analysts Set New Price Targets

EVTL has been the subject of several research reports. Deutsche Bank Aktiengesellschaft raised Vertical Aerospace from a “hold” rating to a “buy” rating and upped their target price for the stock from $100.00 to $150.00 in a research note on Tuesday, July 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Vertical Aerospace in a research note on Friday, September 13th.

Get Our Latest Analysis on EVTL

Vertical Aerospace Stock Down 5.3 %

The company has a fifty day moving average price of $45.54 and a 200 day moving average price of $67.41.

Vertical Aerospace Company Profile

(Get Free Report)

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. Vertical Aerospace Ltd.

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