Victorian Plumbing Group’s (VIC) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Victorian Plumbing Group (LON:VIC)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity Group in a report released on Tuesday, Marketbeat Ratings reports. They currently have a GBX 132 ($1.67) price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 45.05% from the company’s previous close.

Separately, Shore Capital reiterated a “buy” rating on shares of Victorian Plumbing Group in a report on Tuesday.

Victorian Plumbing Group Trading Up 0.2 %

VIC opened at GBX 91 ($1.15) on Tuesday. The firm has a market capitalization of £306.54 million, a price-to-earnings ratio of 55.75, a PEG ratio of 0.51 and a beta of 1.03. Victorian Plumbing Group has a one year low of GBX 74.80 ($0.95) and a one year high of GBX 124 ($1.57). The business has a 50 day simple moving average of GBX 98.66 and a two-hundred day simple moving average of GBX 104.07. The company has a debt-to-equity ratio of 88.15, a current ratio of 1.07 and a quick ratio of 1.05.

Victorian Plumbing Group (LON:VIC) last released its quarterly earnings results on Wednesday, January 15th. The company reported GBX 1.80 ($0.02) earnings per share for the quarter. Victorian Plumbing Group had a net margin of 1.86% and a return on equity of 10.60%. Analysts predict that Victorian Plumbing Group will post 5.980995 EPS for the current year.

Victorian Plumbing Group Company Profile

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.