Analyst Vanessa Jeffriess of Jefferies maintained a Buy rating on Volex plc (VLX – Research Report), retaining the price target of p350.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Vanessa Jeffriess’s rating is based on Volex plc’s impressive financial performance and strategic positioning. The company’s fiscal year 2025 results surpassed expectations, driven by strong performances in the data center and electric vehicle sectors, alongside a recovery in consumer electricals. This robust performance suggests a positive trajectory for the company’s stock.
Moreover, Volex plc is strategically positioned to not only meet but potentially exceed its fiscal year 2027 targets. The stock’s current valuation appears modest when considering the significant opportunities for both organic and inorganic growth. This combination of strong financial results and growth potential underpins Jeffriess’s Buy rating for Volex plc.
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VLX in relation to earlier this year.