Liberum Capital Cuts Vertu Motors (LON:VTU) Price Target to GBX 50
Vertu Motors (LON:VTU) had its price objective dropped by investment analysts at Liberum Capital from GBX 52 ($0.68) to GBX 50 ($0.66) in a report issued on Tuesday, Stock Target Advisor reports. The brokerage presently has a “buy” rating on the stock. Liberum Capital’s price objective would suggest a potential upside of 57.98% from the company’s current price.
Shares of LON VTU traded up GBX 0.45 ($0.01) during mid-day trading on Tuesday, hitting GBX 31.65 ($0.42). The stock had a trading volume of 119,391 shares, compared to its average volume of 1,140,000. The business has a 50 day moving average price of GBX 35.77 and a two-hundred day moving average price of GBX 36.48. Vertu Motors has a 1 year low of GBX 31 ($0.41) and a 1 year high of GBX 43.33 ($0.57). The firm has a market cap of $117.88 million and a P/E ratio of 6.09. The company has a debt-to-equity ratio of 56.10, a quick ratio of 0.19 and a current ratio of 0.98.
Vertu Motors Company Profile
Further Reading: Quiet Period
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