Victrex (LON:VCT) Given New GBX 625 Price Target at JPMorgan Chase & Co.

Victrex (LON:VCT) had its target price cut by JPMorgan Chase & Co. from GBX 725 to GBX 625 in a research report sent to investors on Wednesday, MarketBeat Ratings reports. They currently have a buy rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Victrex from GBX 850 to GBX 780 and set a “hold” rating on the stock in a report on Tuesday, December 2nd. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 756.25.

Victrex Trading Up 0.6%

Shares of LON:VCT opened at GBX 563.19 on Wednesday. The business’s 50-day moving average is GBX 679.11 and its 200 day moving average is GBX 669.33. The company has a debt-to-equity ratio of 11.30, a current ratio of 3.01 and a quick ratio of 1.99. Victrex has a 1 year low of GBX 561 and a 1 year high of GBX 999. The firm has a market capitalization of £490.39 million, a P/E ratio of 17.71, a P/E/G ratio of 1.92 and a beta of 0.65.

About Victrex

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.