Berenberg Bank Cuts Victoria (LON:VCP) Price Target to GBX 170

Victoria (LON:VCP) had its price target lowered by Berenberg Bank from GBX 300 ($3.92) to GBX 170 ($2.22) in a research report sent to investors on Tuesday, MarketBeat reports. The firm currently has a buy rating on the stock.

Victoria Stock Performance

Shares of VCP stock opened at GBX 112.20 ($1.47) on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.43 and a debt-to-equity ratio of 1,494.32. The stock has a fifty day moving average of GBX 139.26 and a 200 day moving average of GBX 176.18. The firm has a market capitalization of £127.49 million, a price-to-earnings ratio of -119.36 and a beta of 0.98. Victoria has a 52 week low of GBX 110 ($1.44) and a 52 week high of GBX 470 ($6.14).

About Victoria

Victoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Germany, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America.