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Pin to quick picksVictrex Share News (VCT)

Share Price Information for Victrex (VCT)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 1,314.00
Bid: 1,298.00
Ask: 1,306.00
Change: 22.00 (1.70%)
Spread: 8.00 (0.616%)
Open: 1,298.00
High: 1,326.00
Low: 1,298.00
Prev. Close: 1,292.00
VCT Live PriceLast checked at -

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LONDON BROKER RATINGS: Jefferies raises Spirax-Sarco; cuts Victrex

Wed, 31st Jan 2024 09:21

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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FTSE 100

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Jefferies raises Spirax-Sarco Engineering to 'hold' (underperform) - price target 9,740 (7,775) pence

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Jefferies cuts Diageo price target to 2,900 (3,000) pence - 'hold'

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JPMorgan cuts Diageo price target to 3,200 (3,500) pence - 'neutral'

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Barclays cuts Diageo price target to 3,550 (3,730) pence - 'overweight'

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Deutsche Bank cuts Diageo price target to 2,400 (2,450) pence - 'sell'

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UBS cuts Diageo price target to 2,600 (2,650) pence - 'sell'

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Bernstein cuts Diageo price target to 3,440 (3,580) pence - 'outperform'

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Jefferies raises Aviva price target to 490 (480) pence - 'buy'

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JPMorgan raises WPP price target to 890 (850) pence - 'neutral'

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UBS raises WPP price target to 725 (700) pence - 'sell'

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Deutsche Bank cuts Vodafone price target to 145 (165) pence - 'buy'

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Goldman Sachs cuts SSE price target to 2,348 (2,430) pence - 'buy'

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Deutsche Bank raises London Stock Exchange target to 8,300 (8,100) pence - 'hold'

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FTSE 250

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Goldman Sachs cuts Ithaca Energy price target to 190 (227) pence - 'buy'

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Jefferies cuts Morgan Advanced Materials to 'hold' (buy) - price target 315 (400) pence

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Jefferies cuts Victrex to 'underperform' (hold) - price target 1,190 (1,420) pence

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Jefferies raises Elementis to 'buy' (hold) - price target 170 (110) pence

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Goldman Sachs cuts Harbour Energy to 'sell' (buy) - price target 260 (300) pence

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SMALL CAP

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Berenberg cuts Resolute Mining price target to 26 (28) pence - 'buy'

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Berenberg raises Ecora Resources price target to 160 (150) pence - 'buy'

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RBC cuts Ecora Resources price target to 130 (140) pence - 'outperform'

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RBC cuts Alliance Pharma price target to 60 (65) pence - 'outperform'

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Jefferies cuts AB Dynamics to 'underperform' (hold) - price target 1,500 (1,220) pence

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Jefferies raises XP Power to 'buy' (hold) - price target 1,640 (2,210) pence

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Jefferies raises Team17 price target to 230 (180) pence - 'hold'

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Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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Victrex PLC - Lancashire, England-based polymer solutions company with sustainable products aiming for environmental and societal benefits in multiple end-markets - Says the third quarter ended on June 30 has seen "further improvement" in average selling prices due to price increases, sales mix and currency. However, the firm sees ongoing "macro-economic weakness and destocking across several end markets". Says quarterly revenue is down 23% to GBP72.2 million from GBP93.4 million the year before, as group volume is down 38% to 818 tonnes, compared to 1,323 tonnes the year before. Says the quarter weakness is driven by Electronics, Energy & Industrial and Value Added Reseller. Looking ahead, says its Medical uni is performing strongly, as year-to-date revenue continues to track up double-digit.

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(Sharecast News) - Polymer specialist Victrex said in an update on Thursday that despite ongoing macroeconomic weakness and destocking across multiple end markets, it was optimistic about its positioning for a broader economic recovery.

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Victrex confident despite broader economic weakness

(Sharecast News) - Polymer specialist Victrex said in an update on Thursday that despite ongoing macroeconomic weakness and destocking across multiple end markets, it was optimistic about its positioning for a broader economic recovery.

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