Canaccord Genuity Group restated their buy rating on shares of Vertical Aerospace (NYSE:EVTL - Free Report) in a report issued on Monday,Benzinga reports. Canaccord Genuity Group currently has a $16.00 price objective on the stock.
Other analysts have also recently issued research reports about the stock. Raymond James reaffirmed a "market perform" rating on shares of Vertical Aerospace in a research note on Tuesday, November 26th. Deutsche Bank Aktiengesellschaft dropped their price target on Vertical Aerospace from $15.00 to $13.00 and set a "buy" rating on the stock in a research report on Tuesday, December 3rd. Finally, Barclays boosted their price objective on Vertical Aerospace from $0.75 to $2.00 and gave the company an "underweight" rating in a research report on Thursday, November 21st.
Read Our Latest Research Report on EVTL
Vertical Aerospace Price Performance
EVTL traded down $0.47 during midday trading on Monday, reaching $7.42. 130,203 shares of the company were exchanged, compared to its average volume of 51,951. Vertical Aerospace has a one year low of $3.55 and a one year high of $12.79. The stock's 50-day simple moving average is $6.39 and its 200 day simple moving average is $47.79.
Vertical Aerospace (NYSE:EVTL - Get Free Report) last released its quarterly earnings data on Friday, December 20th. The company reported ($1.92) earnings per share for the quarter, missing the consensus estimate of ($1.34) by ($0.58). On average, equities analysts predict that Vertical Aerospace will post -4.18 earnings per share for the current year.
About Vertical Aerospace
(
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Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.
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