Victoria (LON:VCP) Price Target Raised to GBX 100 at Berenberg Bank

Victoria (LON:VCP) had its price target boosted by Berenberg Bank from GBX 60 to GBX 100 in a research report released on Friday morning, Marketbeat Ratings reports. Berenberg Bank currently has a buy rating on the stock.

Victoria Trading Down 7.6%

Shares of LON:VCP opened at GBX 66.50 on Friday. The stock has a market capitalization of £76.71 million, a price-to-earnings ratio of 0.02 and a beta of 0.43. Victoria has a 1-year low of GBX 19.48 and a 1-year high of GBX 111. The company has a debt-to-equity ratio of -317.63, a quick ratio of 0.79 and a current ratio of 1.52. The company has a 50 day moving average price of GBX 51.27 and a 200 day moving average price of GBX 37.90.

Victoria (LON:VCP) last posted its quarterly earnings results on Friday, July 24th. The company reported GBX (51.98) earnings per share (EPS) for the quarter. Victoria had a negative net margin of 21.45% and a positive return on equity of 67.51%. On average, research analysts anticipate 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.