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Victorian Plumbing Group Plc ( (GB:VIC) ) has shared an announcement.
Victorian Plumbing Group Plc, a prominent bathroom retailer in the UK, has issued 263,142 new ordinary shares to VG Corporate Trustee Limited in connection with the maturity of its SAYE plan. These shares will be admitted to trading on AIM, increasing the total number of ordinary shares to 327,737,158, which will affect the company’s total voting rights and may impact shareholder interest notifications under FCA rules.
The most recent analyst rating on (GB:VIC) stock is a Buy with a £1.15 price target. To see the full list of analyst forecasts on Victorian Plumbing Group Plc stock, see the GB:VIC Stock Forecast page.
Spark’s Take on GB:VIC Stock
According to Spark, TipRanks’ AI Analyst, GB:VIC is a Neutral.
Victorian Plumbing Group Plc’s overall stock score reflects a balance of solid financial performance with areas needing improvement, particularly in net profitability and cash flow. Strong technical momentum and positive corporate developments support the stock’s prospects. However, potential overvaluation and liquidity management challenges require cautious monitoring.
To see Spark’s full report on GB:VIC stock, click here.
More about Victorian Plumbing Group Plc
Victorian Plumbing is the UK’s leading bathroom retailer, offering a high-quality product range and excellent stock availability to both B2C and trade customers. The company provides a one-stop-shop solution for the entire bathroom with its own and third-party brands across various price points. Its strengths in product design and supply chain are enhanced by a creative and brand-focused marketing strategy, driving significant traffic to its platforms. Headquartered in the North West, Victorian Plumbing employs staff across several UK locations.
Average Trading Volume: 729,887
Technical Sentiment Signal: Buy
Current Market Cap: £351.5M
For detailed information about VIC stock, go to TipRanks’ Stock Analysis page.