Vertical Aerospace (NYSE:EVTL) Earns Market Perform Rating from Raymond James

Raymond James restated their market perform rating on shares of Vertical Aerospace (NYSE:EVTL) in a research report sent to investors on Tuesday,Benzinga reports.

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

Vertical Aerospace Price Performance

NYSE EVTL opened at $10.15 on Tuesday. The business has a 50 day simple moving average of $7.16 and a 200 day simple moving average of $54.69. Vertical Aerospace has a 52-week low of $3.55 and a 52-week 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.