Vertical Aerospace (NYSE:EVTL) Earns Market Perform Rating from Raymond James

Vertical Aerospace (NYSE:EVTL)‘s stock had its “market perform” rating restated by stock analysts at Raymond James in a research report issued on Tuesday,Benzinga reports.

A number of other analysts have also recently commented on EVTL. Barclays lifted their price objective on Vertical Aerospace from $0.75 to $2.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Canaccord Genuity Group boosted their price objective on shares of Vertical Aerospace from $15.00 to $16.00 and gave the company a “buy” rating in a research report on Tuesday.

Vertical Aerospace Stock Up 13.6 %

EVTL stock opened at $8.69 on Tuesday. Vertical Aerospace has a 1 year low of $3.55 and a 1 year high of $12.79. The stock’s 50 day moving average price is $11.24 and its 200 day moving average price is $55.76.

Vertical Aerospace Company Profile

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.