Vitec Group plc (VTC) Sets New 1-Year High at $1,131.00
Shares of Vitec Group plc (LON:VTC) hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,131 ($14.92) and last traded at GBX 1,125 ($14.85), with a volume of 51,760 shares changing hands. The stock had previously closed at GBX 1,120 ($14.78).
Several equities analysts recently issued reports on the company. Peel Hunt reissued a “buy” rating and issued a GBX 1,300 ($17.15) target price on shares of Vitec Group plc in a research report on Tuesday. Berenberg Bank reissued a “buy” rating and issued a GBX 1,150 ($15.18) target price on shares of Vitec Group plc in a research report on Monday, August 14th. Five research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 1,106.25 ($14.60).
The business also recently declared a dividend, which was paid on Friday, October 20th. Investors of record on Thursday, September 21st were given a GBX 10.40 ($0.14) dividend. The ex-dividend date was Thursday, September 21st. This represents a yield of 1.05%.
In related news, insider Kath Kearney-Croft purchased 2,700 shares of Vitec Group plc stock in a transaction that occurred on Wednesday, October 4th. The stock was purchased at an average cost of GBX 1,103 ($14.56) per share, with a total value of £29,781 ($39,299.29).
About Vitec Group plc
The Vitec Group plc is a United Kingdom-based company, which designs, manufactures and distributes branded products and services that enable end users to capture and share images. The Company’s Photographic Division designs, manufactures and distributes branded photographic and video equipment, such as tripods, bags, filters and lights for professional and consumer photographers.
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