JPMorgan Chase & Co. Cuts Vivo Energy (LON:VVO) Price Target to GBX 160
Vivo Energy (LON:VVO) had its target price lowered by JPMorgan Chase & Co. from GBX 170 ($2.24) to GBX 160 ($2.10) in a research note issued to investors on Monday morning, Stock Target Advisor reports. The brokerage currently has an overweight rating on the stock.
Separately, Berenberg Bank reissued a buy rating and issued a GBX 168 ($2.21) target price on shares of Vivo Energy in a research note on Monday, November 25th. Five investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus price target of GBX 161.20 ($2.12).
LON VVO opened at GBX 108 ($1.42) on Monday. Vivo Energy has a 12 month low of GBX 104.20 ($1.37) and a 12 month high of GBX 143.40 ($1.89). The stock has a market cap of $1.38 billion and a P/E ratio of 9.91. The stock’s fifty day moving average price is GBX 116.76 and its 200-day moving average price is GBX 120.47. The company has a current ratio of 0.98, a quick ratio of 0.53 and a debt-to-equity ratio of 105.24.
Vivo Energy plc operates as a retailer and distributor of fuels and lubricants in Africa. It sources, distributes, markets, and supplies various products to retail and commercial customers. The company operates through three segments: Retail, Commercial, and Lubricants. The Retail segment sells petrol and diesel fuels at Shell-branded service stations; operates convenience retail shops, and quick service and fast casual restaurants; and provides other services, including lubricant bays, car washes, and banking services.
Featured Article: Pattern Day Trader – What is the PDT Rule?
Receive News & Ratings for Vivo Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vivo Energy and related companies with MarketBeat.com's FREE daily email newsletter.