Victorian Plumbing Group (LON:VIC) Given Buy Rating at Shore Capital Group

by · The Markets Daily

Victorian Plumbing Group (LON:VIC – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Shore Capital Group in a research note issued on Thursday,Digital Look reports. They currently have a GBX 100 price objective on the stock. Shore Capital Group’s target price would suggest a potential upside of 23.46% from the stock’s current price.

A number of other brokerages have also issued reports on VIC. Berenberg Bank reiterated a “buy” rating and issued a GBX 115 price target on shares of Victorian Plumbing Group in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 80 price target on shares of Victorian Plumbing Group in a report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 107.40.

Read Our Latest Research Report on Victorian Plumbing Group

Victorian Plumbing Group Price Performance

Shares of LON VIC opened at GBX 81 on Thursday. The company has a debt-to-equity ratio of 82.83, a quick ratio of 1.05 and a current ratio of 1.22. The firm has a market capitalization of £265.94 million, a price-to-earnings ratio of 20.77, a PEG ratio of 0.51 and a beta of 1.14. The stock has a 50 day moving average price of GBX 75.83 and a 200 day moving average price of GBX 76.54. Victorian Plumbing Group has a 52-week low of GBX 56.80 and a 52-week high of GBX 90.

Victorian Plumbing Group (LON:VIC – Get Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX 2.10 earnings per share (EPS) for the quarter. The firm had revenue of £168.80 million during the quarter. Victorian Plumbing Group had a return on equity of 24.66% and a net margin of 4.75%. Sell-side analysts expect that Victorian Plumbing Group will post 5.980995 earnings per share for the current year.

About Victorian Plumbing Group

(Get Free Report)

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.

The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.

Headquartered in Skelmersdale, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.

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