Shares of Vertical Aerospace Ltd. (NYSE:EVTL – Get Free Report) saw strong trading volume on Tuesday . 29,213 shares were traded during trading, a decline of 10% from the previous session’s volume of 32,284 shares.The stock last traded at $5.49 and had previously closed at $5.80.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on EVTL shares. Deutsche Bank Aktiengesellschaft raised shares of Vertical Aerospace from a “hold” rating to a “buy” rating and boosted their target price for the company from $1.00 to $1.50 in a research note on Tuesday, July 23rd. Canaccord Genuity Group reissued a “buy” rating and set a $1.50 target price on shares of Vertical Aerospace in a research note on Friday, September 13th.
View Our Latest Analysis on EVTL
Vertical Aerospace Trading Up 9.0 %
About Vertical Aerospace
Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. The company was founded in 2016 and is headquartered in Bristol, the United Kingdom.
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