Victorian Plumbing Group (LON:VIC) Rating Reiterated by Canaccord Genuity Group

Victorian Plumbing Group (LON:VIC)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. They presently have a GBX 132 ($1.72) price objective on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 19.46% from the stock’s current price.

Victorian Plumbing Group Stock Performance

VIC opened at GBX 110.50 ($1.44) on Tuesday. Victorian Plumbing Group has a twelve month low of GBX 72 ($0.94) and a twelve month high of GBX 112 ($1.46). The stock has a market cap of £359.90 million, a PE ratio of 2,762.50, a price-to-earnings-growth ratio of 0.51 and a beta of 1.03. The business’s 50 day moving average is GBX 101.11 and its 200-day moving average is GBX 91.70. The company has a current ratio of 1.57, a quick ratio of 1.05 and a debt-to-equity ratio of 89.32.

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 stock was sold at an average price of GBX 100 ($1.31), for a total transaction of £2,700,000 ($3,525,724.73). 62.35% of the stock is currently owned by insiders.

Victorian Plumbing Group Company Profile

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.