Vertical Aerospace’s (EVTL) Market Perform Rating Reiterated at Raymond James

Raymond James reissued their market perform rating on shares of Vertical Aerospace (NYSE:EVTL) in a research note published on Tuesday morning,Benzinga reports.

Other research analysts also recently issued reports about the company. Barclays increased their target price on Vertical Aerospace from $0.75 to $2.00 and gave the company an “underweight” rating in a research report on Thursday, November 21st. Canaccord Genuity Group lifted their price objective on shares of Vertical Aerospace from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday.

Vertical Aerospace Price Performance

Shares of Vertical Aerospace stock opened at $8.69 on Tuesday. The stock has a 50 day moving average of $9.80 and a 200 day moving average of $55.32. Vertical Aerospace has a 12 month low of $3.55 and a 12 month high of $12.79.

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.