Vertical Aerospace (NYSE:EVTL) Given New $2.00 Price Target at Barclays

Vertical Aerospace (NYSE:EVTL) had its price objective hoisted by Barclays from $0.75 to $2.00 in a research report released on Thursday morning,Benzinga reports. Barclays currently has an underweight rating on the stock.

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a $150.00 price objective on shares of Vertical Aerospace in a report on Friday, September 13th.

Vertical Aerospace Stock Performance

NYSE EVTL opened at $4.79 on Thursday. The company has a 50-day moving average price of $14.53 and a two-hundred day moving average price of $56.68. Vertical Aerospace has a 52 week low of $3.55 and a 52 week high of $12.79.

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. Vertical Aerospace Ltd.