Vitec Group (VTC) Given Buy Rating at Peel Hunt

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Vitec Group (LON:VTC)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a research report issued to clients and investors on Monday.

Separately, Berenberg Bank cut shares of Vitec Group to a “hold” rating and lowered their target price for the company from GBX 1,500 ($19.60) to GBX 1,225 ($16.01) in a research note on Tuesday, January 29th.

VTC opened at GBX 1,130 ($14.77) on Monday. Vitec Group has a 52-week low of GBX 734.64 ($9.60) and a 52-week high of GBX 1,260 ($16.46).

Vitec Group Company Profile

The Vitec Group plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional images for the broadcast, cinematic, pro-video, and photographic applications worldwide. The company operates in three divisions: Imaging Solutions, Production Solutions, and Creative Solutions.

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