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

VP (LON:VP) had its price target lowered by Berenberg Bank from GBX 1,040 ($12.95) to GBX 950 ($11.83) in a research note published on Tuesday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

VP Stock Performance

Shares of VP stock opened at GBX 565 ($7.03) on Tuesday. VP has a one year low of GBX 460 ($5.73) and a one year high of GBX 686.49 ($8.55). The company’s 50-day moving average is GBX 540.36 and its 200 day moving average is GBX 562.06. The company has a market capitalization of £226.85 million, a price-to-earnings ratio of 941.67 and a beta of 0.82. The company has a debt-to-equity ratio of 115.40, a quick ratio of 1.08 and a current ratio of 0.76.

About VP

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.