Stifel Nicolaus Cuts Vertu Motors (LON:VTU) Price Target to GBX 76

Vertu Motors (LON:VTU) had its price objective cut by Stifel Nicolaus from GBX 78 to GBX 76 in a report issued on Thursday morning, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Vertu Motors Stock Up 3.3%

VTU opened at GBX 62 on Thursday. Vertu Motors has a 52 week low of GBX 47.15 and a 52 week high of GBX 67. The firm has a 50-day simple moving average of GBX 62.62 and a two-hundred day simple moving average of GBX 61.93. The company has a market capitalization of £191.81 million, a PE ratio of 13.00 and a beta of 0.79. The company has a quick ratio of 0.26, a current ratio of 1.02 and a debt-to-equity ratio of 66.13.

About Vertu Motors

Vertu Motors plc operates as an automotive retailer in the United Kingdom. The company sells new and used cars and motorcycles, vans, motability cars, and commercial vehicles, as well as provides related aftersales services. It operates chain of franchised dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles under the Bristol Street Motors, Macklin Motors, and Vertu Motors. The company's franchise dealerships include Audi, BMW, Honda, Jaguar, Jeep, Kia, Volvo, Land Rover, Mercedes-Benz, Mercedes-AMG, MINI, smart, Volkswagen, Citroen, CUPRA, Dacia, DS, Ford, Hyundai, MG, Nissan, Peugeot, Renault, SEAT, SKODA, Vauxhall, Ford, Mazda, and Toyota.