VP (LON:VP) Given Buy Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of VP (LON:VP) in a research note published on Friday, MarketBeat.com reports. The firm currently has a GBX 950 ($12.43) price target on the stock.

VP Trading Up 3.4 %

VP stock opened at GBX 600 ($7.85) on Friday. The business has a 50-day simple moving average of GBX 665.75 and a two-hundred day simple moving average of GBX 642.04. VP has a 52-week low of GBX 460 ($6.02) and a 52-week high of GBX 745 ($9.75). The company has a quick ratio of 1.08, a current ratio of 1.05 and a debt-to-equity ratio of 126.29. The company has a market cap of £236.76 million, a P/E ratio of -4,461.54 and a beta of 0.75.

Insider Activity at VP

In other news, insider Keith Winstanley acquired 2,981 shares of the business’s stock in a transaction dated Tuesday, August 13th. The stock was purchased at an average price of GBX 671 ($8.78) per share, for a total transaction of £20,002.51 ($26,177.87). 57.50% of the stock is currently owned by corporate insiders.

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.