Liberum Capital Reiterates Volex (LON:VLX) As a “Buy”; They Now Have a TP Of GBX 110.00

June 18, 2018 - By Marry Poplack

Volex plc (LON:VLX) Logo

Volex (LON:VLX) Rating Reaffirmed

Recently, In analysts report issued to investors and clients on Monday morning, Volex (LON:VLX) shares have had their “Buy” Rating kept by investment analysts at Liberum Capital, who currently has a GBX 110.00 target price per share on firm. This target by Liberum Capital would suggest the possibile upside of 34.80 % from the current stock price.

The stock increased 0.69% or GBX 0.56 during the last trading session, reaching GBX 81.56. About 80,693 shares traded. Volex plc (LON:VLX) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Volex plc, together with its subsidiaries, makes and supplies power cords and cable assemblies for consumer electronics, medical equipment, data center, telecommunications, industrial robotics, and automotive industries worldwide. The company has market cap of 117.02 million GBP. The company's Power Cords division designs, makes, and sells power cords, duck heads, and related products to manufacturers of a range of electrical and electronic devices and appliances for use in laptops, PCs, tablets, printers, TVs, games consoles, power tools, kitchen appliances, and vacuum cleaners. It has a 23.99 P/E ratio. The Company’s Cable Assemblies division designs, makes, and sells a range of cables and connectors comprising high-speed copper and fibre-optic cables, and customized optical cable assemblies that transfer electronic, radio-frequency, and optical data for use in various applications, such as data networking equipment, data centers, wireless base stations and cell site installations, mobile computing devices, medical equipment, factory automation, vehicle telematics, agricultural equipment, and alternative energy generation.

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