Peel Hunt reissued their hold rating on shares of Vectura Group (LON:VEC) in a report released on Thursday morning, ThisIsMoney.Co.Uk reports.
VEC has been the topic of several other reports. Morgan Stanley reaffirmed a buy rating and set a GBX 160 ($2.09) price objective on shares of Vectura Group in a report on Friday, May 24th. JPMorgan Chase & Co. decreased their price target on Vectura Group from GBX 110 ($1.44) to GBX 100 ($1.31) and set an overweight rating on the stock in a research report on Wednesday, April 3rd. Numis Securities reiterated a buy rating on shares of Vectura Group in a research report on Friday, May 24th. Finally, Shore Capital reiterated a hold rating on shares of Vectura Group in a research report on Wednesday, July 17th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 130.33 ($1.70).
LON VEC opened at GBX 78.90 ($1.03) on Thursday. The stock has a market capitalization of $525.71 million and a P/E ratio of -5.98. Vectura Group has a 52 week low of GBX 65.85 ($0.86) and a 52 week high of GBX 90.15 ($1.18). The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.90 and a current ratio of 2.35. The firm’s 50-day simple moving average is GBX 82.30.
About Vectura Group
Vectura Group plc engages in the design, development, and supply of pharmaceutical products for the treatment of airways-related diseases worldwide. The company's in-market products include Seebri Breezhaler and Neohaler, a DPI device and bronchodilator; AirFluSal Forspiro for the treatment of asthma and chronic obstructive pulmonary disease (COPD); Breelib for the treatment of pulmonary arterial hypertension; Relvar Ellipta/Breo Ellipta that is used in treating asthma and COPD; and Incruse Ellipta and Anoro Ellipta for the treatment of COPD.
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