Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Victoria ( (GB:VCP) ) just unveiled an update.
Victoria PLC has announced the issuance of 594,179 ordinary shares to an employee and the exercise of options over 28,000 shares under its 2020 Long Term Incentive Plan, both at a nominal value of 5 pence per share. This move results in the company holding 10,117,212 shares in treasury and having 115,347,455 shares in issue, which is significant for shareholders in calculating their interests according to FCA rules.
The most recent analyst rating on (GB:VCP) stock is a Sell with a £43.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.
Spark’s Take on GB:VCP Stock
According to Spark, TipRanks’ AI Analyst, GB:VCP is a Underperform.
The overall stock score is heavily influenced by the company’s poor financial performance and bearish technical indicators. Despite some positive corporate events, the financial and technical challenges weigh significantly on the stock’s attractiveness. The lack of profitability and negative valuation metrics further contribute to the low score.
To see Spark’s full report on GB:VCP stock, click here.
More about Victoria
Victoria PLC, established in 1895 and listed since 1963, is an international manufacturer and distributor of innovative flooring products headquartered in Worcester, UK. The company designs, manufactures, and distributes a range of products including carpet, flooring underlay, ceramic tiles, luxury vinyl tile (LVT), artificial grass, and flooring accessories. With operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia, Victoria employs over 5,000 people across more than 30 sites. It is Europe’s largest carpet manufacturer and the second largest in Australia, as well as the largest manufacturer of underlay in both regions.
Average Trading Volume: 182,621
Technical Sentiment Signal: Sell
Current Market Cap: £40.96M
For a thorough assessment of VCP stock, go to TipRanks’ Stock Analysis page.