Shares of Vp plc (LON:VP – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 567.70 ($7.52) and traded as low as GBX 562 ($7.45). VP shares last traded at GBX 600 ($7.95), with a volume of 224,888 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank dropped their price target on VP from GBX 950 ($12.59) to GBX 905 ($11.99) and set a “buy” rating on the stock in a research report on Tuesday, April 15th.
Check Out Our Latest Research Report on VP
VP Stock Up 6.4 %
About VP
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.
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