Berenberg Bank Reaffirms Buy Rating for Victoria (LON:VCP)

Victoria (LON:VCP)‘s stock had its “buy” rating restated by Berenberg Bank in a research report issued on Monday, MarketBeat Ratings reports. They currently have a GBX 170 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 150.00% from the stock’s current price.

Victoria Price Performance

Victoria stock opened at GBX 68 on Monday. The stock has a market cap of £77.72 million, a price-to-earnings ratio of -29.31 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 -4,210.81. The company’s 50-day moving average price is GBX 77.21 and its two-hundred day moving average price is GBX 78.99. Victoria has a 52 week low of GBX 37 and a 52 week high of GBX 151.

Victoria (LON:VCP) last posted its quarterly earnings data on Thursday, July 24th. The company reported GBX (10.62) earnings per share for the quarter. Victoria had a negative net margin of 8.48% and a negative return on equity of 356.44%. On average, analysts expect that Victoria will post 15.8739255 EPS for the current fiscal year.

Victoria Company Profile

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.