Vertical Aerospace (NYSE:EVTL) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Vertical Aerospace (NYSE:EVTL) had its price objective raised by Canaccord Genuity Group from $15.00 to $16.00 in a research report released on Tuesday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Separately, Barclays boosted their target price on Vertical Aerospace from $0.75 to $2.00 and gave the stock an “underweight” rating in a report on Thursday, November 21st.

Vertical Aerospace Trading Up 13.6 %

EVTL stock opened at $8.69 on Tuesday. The firm has a 50 day moving average price of $9.80 and a 200-day moving average price of $55.32. Vertical Aerospace has a 52-week low of $3.55 and a 52-week high of $12.79.

Vertical Aerospace Company Profile

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.