Victoria’s (VCP) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Victoria (LON:VCP) in a research report released on Tuesday, Marketbeat reports. The brokerage currently has a GBX 170 ($2.25) price objective on the stock.

Victoria Price Performance

Shares of LON VCP opened at GBX 79 ($1.05) on Tuesday. The company has a market capitalization of £90.44 million, a PE ratio of -0.84 and a beta of 0.98. The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of -4,210.81. The stock’s 50 day moving average price is GBX 85.89 and its 200-day moving average price is GBX 88.48. Victoria has a twelve month low of GBX 37 ($0.49) and a twelve month high of GBX 243.75 ($3.23).

About Victoria

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs approximately 6,750 people across 30 sites.