Vitec Group (LON:VTC)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a note issued to investors on Monday.
Separately, Berenberg Bank cut Vitec Group to a “hold” rating and lowered their price target for the company from GBX 1,500 ($19.60) to GBX 1,225 ($16.01) in a report on Tuesday, January 29th.
LON VTC opened at GBX 1,125 ($14.70) on Monday. Vitec Group has a 1-year low of GBX 734.64 ($9.60) and a 1-year high of GBX 1,260 ($16.46).
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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