Victorian Plumbing Group (LON:VIC) Given Buy Rating at Canaccord Genuity Group

Victorian Plumbing Group (LON:VIC)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity Group in a research note issued on Tuesday, LSE.Co.UK reports. They currently have a GBX 132 ($1.77) price target on the stock. Canaccord Genuity Group’s target price would indicate a potential upside of 28.16% from the stock’s current price.

Victorian Plumbing Group Stock Down 1.9 %

Shares of LON VIC traded down GBX 2 ($0.03) during midday trading on Tuesday, hitting GBX 103 ($1.38). 127,243 shares of the stock traded hands, compared to its average volume of 386,894. The company has a debt-to-equity ratio of 89.32, a quick ratio of 1.05 and a current ratio of 1.57. Victorian Plumbing Group has a one year low of GBX 72 ($0.96) and a one year high of GBX 112 ($1.50). The business has a 50 day moving average price of GBX 96.65 and a two-hundred day moving average price of GBX 88.71. The company has a market cap of £335.47 million, a PE ratio of 2,575.00, a P/E/G ratio of 0.51 and a beta of 1.03.

Insiders Place Their Bets

In related news, insider Mark Radcliffe sold 2,700,000 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of GBX 100 ($1.34), for a total value of £2,700,000 ($3,615,425.82). Corporate insiders own 62.68% of the company’s stock.

About Victorian Plumbing Group

Victorian Plumbing Group plc operates as an online retailer of bathroom products and accessories in the United Kingdom. The company was incorporated in 2021 and is headquartered in Skelmersdale, the United Kingdom.