Vertical Aerospace (NYSE:EVTL - Get Free Report) had its price objective increased by equities researchers at Canaccord Genuity Group from $15.00 to $16.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a "buy" rating on the stock. Canaccord Genuity Group's price target suggests a potential upside of 109.15% from the stock's current price.
Separately, Barclays lifted their price target 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 Vertical Aerospace
Vertical Aerospace Price Performance
EVTL traded up $0.68 during midday trading on Tuesday, hitting $7.65. 406,151 shares of the company were exchanged, compared to its average volume of 41,270. The company's 50 day simple moving average is $12.91 and its 200 day simple moving average is $56.23. Vertical Aerospace has a 1-year low of $3.55 and a 1-year high of $12.79.
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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