Shore Capital Reaffirms “Buy” Rating for Victorian Plumbing Group (LON:VIC)

Victorian Plumbing Group (LON:VIC)‘s stock had its “buy” rating reissued by analysts at Shore Capital in a report released on Thursday,London Stock Exchange reports.

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 132 ($1.67) target price on shares of Victorian Plumbing Group in a research report on Tuesday, October 15th.

Victorian Plumbing Group Price Performance

Shares of VIC traded down GBX 1 ($0.01) during trading hours on Thursday, reaching GBX 111 ($1.40). 55,640 shares of the company’s stock traded hands, compared to its average volume of 369,827. The company has a current ratio of 1.57, a quick ratio of 1.05 and a debt-to-equity ratio of 89.32. Victorian Plumbing Group has a 12 month low of GBX 74.80 ($0.95) and a 12 month high of GBX 116.50 ($1.47). The stock has a market cap of £361.53 million, a PE ratio of 2,775.00, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03. The firm’s 50 day simple moving average is GBX 108.71 and its 200-day simple moving average is GBX 97.69.

Insider Buying and Selling

In other Victorian Plumbing Group news, insider Mark Radcliffe sold 2,700,000 shares of Victorian Plumbing Group stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of GBX 100 ($1.27), for a total value of £2,700,000 ($3,416,424.14). 62.35% of the stock is currently owned by company insiders.

Victorian Plumbing Group Company Profile

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories in the United Kingdom. The company was incorporated in 2021 and is headquartered in Skelmersdale, the United Kingdom.