Equities research analysts at Espirito Santo Investment Bank Research hoisted their price objective on shares of Vertu Plc (LON:VTU) from GBX 63 ($0.96) to GBX 64 ($0.98) in a research note issued to investors on Thursday, StockRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Espirito Santo Investment Bank Research’s price objective indicates a potential upside of 41.97% from the stock’s previous close.
Shares of Vertu Plc (LON: VTU) opened at 46.80 on Thursday. Vertu Plc has a one year low of GBX 27.00 and a one year high of GBX 47.00. The stock’s 50-day moving average is currently GBX 35.20.
VTU has been the subject of a number of other recent research reports. Analysts at Peel Hunt reiterated a “buy” rating on shares of Vertu Plc in a research note to investors on Wednesday, July 10th. They now have a GBX 63 ($0.96) price target on the stock. Separately, analysts at Panmure Gordon raised their price target on shares of Vertu Plc from GBX 55 ($0.84) to GBX 63 ($0.96) in a research note to investors on Tuesday, May 21st. They now have a “buy” rating on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Vertu Plc in a research note to investors on Monday, May 13th. They now have a GBX 55 ($0.84) price target on the stock.
Vertu Motors plc is engaged in the provision of new and used vehicles, together with related after-sales services.