Vectura Group PLC (VEC) Receives Consensus Rating of “Buy” from Brokerages
Shares of Vectura Group PLC (LON:VEC) have received a consensus recommendation of “Buy” from the ten brokerages that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 174.86 ($2.42).
Several equities analysts have recently weighed in on VEC shares. Panmure Gordon reissued a “buy” rating and set a GBX 150 ($2.07) price target on shares of Vectura Group in a report on Thursday, November 9th. Numis Securities lowered their price target on Vectura Group from GBX 205 ($2.83) to GBX 170 ($2.35) and set a “buy” rating on the stock in a report on Thursday, November 9th. Shore Capital reissued a “buy” rating on shares of Vectura Group in a report on Thursday, November 9th. Peel Hunt reissued a “hold” rating and set a GBX 160 ($2.21) price target on shares of Vectura Group in a report on Thursday, January 4th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Vectura Group in a report on Thursday, November 16th.
Vectura Group (LON:VEC) traded down GBX 3.25 ($0.04) during midday trading on Tuesday, hitting GBX 78.10 ($1.08). The stock had a trading volume of 2,691,291 shares, compared to its average volume of 4,980,000. Vectura Group has a 12-month low of GBX 77.30 ($1.07) and a 12-month high of GBX 166.97 ($2.31).
Vectura Group Company Profile
Vectura Group plc is engaged in research, development and commercialization of therapeutic products and drug delivery systems for human use. The Company’s products include Ultibro Breezhaler (European Union (EU) and Rest of World (RoW)) – LABA-LAMA; Seebri Breezhaler (EU and RoW) – LAMA; AirFluSal Forspiro (EU and RoW) – ICS-LABA; ADVATE (Global) – Antihaemophilic Factor (Recombinant); Adept (Global) – Icodextrin; Anoro Ellipta (Global) – LAMA-LABA; Relvar Ellipta/Breo Ellipta (Global) – ICS-LABA, and Incruse Ellipta (Global) – LAMA.
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