Berenberg Bank Trims VP (LON:VP) Target Price to GBX 950

VP (LON:VP) had its price objective trimmed by Berenberg Bank from GBX 1,040 ($12.95) to GBX 950 ($11.83) in a research note released on Tuesday morning, MarketBeat.com reports. The firm currently has a buy rating on the stock.

VP Price Performance

VP stock opened at GBX 565 ($7.03) on Tuesday. The business has a 50 day simple moving average of GBX 540.36 and a 200-day simple moving average of GBX 562.06. VP has a 12 month low of GBX 460 ($5.73) and a 12 month high of GBX 686.49 ($8.55). The stock has a market capitalization of £226.85 million, a PE ratio of 941.67 and a beta of 0.82. The company has a debt-to-equity ratio of 115.40, a current ratio of 0.76 and a quick ratio of 1.08.

VP Company Profile

Vp plc provides equipment rental and associated services in the United Kingdom and internationally. The company engages in the rental of telescopic handlers and tracked access platforms for construction and housebuilding sites; rental of tools and specialist products to the industry and construction markets, as well as homeowners; and rental of safety, survey, communication, and test and measurement equipment.