Shore Capital Group Reiterates “Under review” Rating for VP (LON:VP)

VP (LON:VP)‘s stock had its “under review” rating reaffirmed by Shore Capital Group in a report released on Friday,Digital Look reports.

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 700 price objective on shares of VP in a research note on Friday, December 19th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 753.33.

VP Stock Up 1.7%

Shares of VP stock opened at GBX 488 on Friday. The stock has a 50-day moving average price of GBX 464.85 and a 200 day moving average price of GBX 521.16. The company has a market cap of £192.57 million, a P/E ratio of -35.80 and a beta of 0.32. The company has a current ratio of 1.14, a quick ratio of 1.08 and a debt-to-equity ratio of 166.22. VP has a 1 year low of GBX 460 and a 1 year high of GBX 745.

Insider Transactions at VP

In related news, insider Keith Winstanley acquired 3,231 shares of the stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average price of GBX 464 per share, with a total value of £14,991.84. Also, insider Richard Smith acquired 10,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were bought at an average cost of GBX 486 per share, for a total transaction of £48,600. 57.50% of the stock is owned by company insiders.

About VP

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment. It also rents excavation support systems and specialist products to the water, civil engineering, and construction industries; provides portable roadways and temporary access solutions to customers in the transmission, construction, rail, and outdoor events markets; offers mechanical and electrical press fittings, and low level access platforms to the construction, fit out, mechanical, and electrical markets; and supplies rail infrastructure portable plants and related trackside services to Network Rail and London Underground, as well as their appointed track renewal, maintenance, and project contractors.