Vectura Group (LON:VEC) Rating Reaffirmed
Recently, In a note released on Wednesday, 9 December, Vectura Group (LON:VEC) shares have had their “Buy” Rating has restated by research analysts at Peel Hunt Limited, who currently has a GBX 248.00 TP on firm. This target by Peel Hunt Limited suggests the possibile upside of 40.83% from the previous close.
From a total of 6 analysts covering Vectura Group PLC (LON:VEC) stock, 5 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 83% of the ratings are positive. The highest target price is GBX 270 while the lowest target price is GBX 160. The mean of all analyst targets is GBX 225.67 with a 34.91% above today’s (GBX 175.3) stock price. Vectura Group PLC was the topic of 10 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on November 18 with “Overweight” rating. N+1 Singer maintained shares with “Buy” rating and GBX 209 target share price in a report from an October 30. FinnCap maintained VEC stock in a recent report from November 17 with “Buy” rating.
The stock increased 0.46% or GBX 0.8 on December 9, striking GBX 175.3. Approximately 214,115 shares of stock traded hands. Vectura Group PLC (LON:VEC) has risen 10.79% since May 12, 2015 and is uptrending. It has outperformed by 11.59% the S&P500.
Vectura Group plc is a product development company. The company has a market cap of 716.22 million GBP. The Firm focuses on the development of pharmaceutical therapies for the treatment of airways-related diseases . It has 112.44 P/E ratio. The Firm has eight products marketed by its partners and a portfolio of drugs in clinical development, a number of which have been licensed to pharmaceutical companies.
According to Zacks Investment Research, “Vectrus, Inc. engages in providing infrastructure asset management, logistics and supply chain management, and information technology and network communication services. Its services include operations, maintenance, management, engineering and sustainment for physical assets including a wide variety of facilities, information technology, network and communication systems, vehicles and equipment. The Company serves U.S. government customers worldwide. Vectrus, Inc. is based in United States.” Get a free copy of the Zacks research report on Vectura Group PLC (VEC).