Victorian Plumbing Group (LON:VIC) Share ranking reaffirmed by Barclays


Victorian plumbing group (LON: VICGet a rating)The stock of was reaffirmed to its “equal weight” rating by investment analysts at Barclays in a note released Tuesday to investors, Marketbeat.com reports. They currently have a GBX 80 ($0.99) price target on the stock. BarclaysThe company’s price target suggests a potential upside of 44.67% from the company’s current price.

Separately, Berenberg Bank downgraded shares of Victorian Plumbing Group to a “hold” rating and lowered its target price for the company from 130 GBX ($1.60) to 70 GBX ($0.86) in a report Tuesday, March 8.

CIV opened at 55.30 GBX ($0.68) on Tuesday. Victorian Plumbing Group has a 12-month low of 48 GBX ($0.59) and a 12-month high of 341.80 GBX ($4.21). The company has a 50-day simple moving average of 57.53 GBX. The company has a quick ratio of 0.82, a current ratio of 1.58 and a debt ratio of 18.83. The stock has a market capitalization of £179.76 million and a PE ratio of 12.29.

In other news, insider Mark Radcliffe acquired 700,000 shares of Victorian Plumbing Group in a deal that took place on Monday April 4. The shares were purchased at an average cost of 51 GBX ($0.63) per share, for a total transaction of £357,000 ($440,088.76).

About Victorian Plumbing Group (Get a rating)

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories. It offers a range of products to B2C and professional customers with approximately 125 brands, as well as designs and develops products in-house. The company’s bathroom product lines include tiles, flooring and lighting.

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