VP (LON:VP) Price Target Lowered to GBX 950 at Berenberg Bank

VP (LON:VP) had its target price lowered by Berenberg Bank from GBX 1,040 ($12.95) to GBX 950 ($11.83) in a research report report published on Tuesday morning, MarketBeat reports. The brokerage currently has a buy rating on the stock.

VP Stock Down 0.9 %

Shares of LON:VP opened at GBX 560 ($6.97) on Tuesday. VP has a 52-week low of GBX 460 ($5.73) and a 52-week high of GBX 686.49 ($8.55). The firm has a market capitalization of £224.84 million, a P/E ratio of 941.67 and a beta of 0.82. The stock has a 50 day moving average price of GBX 541.46 and a 200-day moving average price of GBX 561.77. The company has a debt-to-equity ratio of 115.40, a quick ratio of 1.08 and a current ratio of 0.76.

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.