Posts in LSE:VCT

Broker Forecast - Deutsche Bank issues a broker note on Victrex PLC

Deutsche Bank today reaffirms its hold investment rating on Victrex PLC (LON:VCT) and raised its price target to 2200p (from 2050p).

Share of the Week: A breakout to record high

Share of the Week: A breakout to record high

A reduction in its tax rate and confirmation of a CEO-elect triggered upgrades and 14% gains at this high-tech firm, reports David Brenchley.

Broker Forecast - Berenberg issues a broker note on Victrex PLC

Berenberg today upgrades its investment rating on Victrex PLC (LON:VCT) to buy (from hold) and raised its price target to 2600p (from 2000p).

Broker Forecast - Peel Hunt issues a broker note on Victrex PLC

Peel Hunt today reaffirms its add investment rating on Victrex PLC (LON:VCT) and raised its price target to 2300p (from 2100p).

Broker Forecast - Jefferies International issues a broker note on Victrex PLC

Jefferies International today reaffirms its hold investment rating on Victrex PLC (LON:VCT) and raised its price target to 2268p (from 2050p).

Broker Forecast - Deutsche Bank issues a broker note on Victrex PLC

Deutsche Bank today reaffirms its hold investment rating on Victrex PLC (LON:VCT) and raised its price target to 2050p (from 1850p).

Broker Forecast - JP Morgan Cazenove issues a broker note on Victrex PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on Victrex PLC (LON:VCT) and raised its price target to 2150p (from 1800p).

FTSE lacks direction with US markets closed

The FTSE 100 fell to 7,411 with no cue from US stocks after the weekend's apparent test of a hydrogen bomb in North Korea

Gold gained 0.8% to to $1,335 per ounce, which helped to boost shares in miners Fresnillo (FRES) and Randgold Resources (RRS) by 2.9% and 2% respectively.

Fellow gold miner Acacia Mining (ACA) was one of the biggest fallers on the FTSE 350 after the miner decided to reduce operational activity and expenditure at Bulyanhulu to preserve the viability of the business over the longer term.

2 dividend growth stocks that could make you brilliantly rich

Good companies with strong growth can often outperform everybody's expectations. And these gains aren't always just the result of higher sales.

One of the hallmarks of high-quality businesses is that they have very effective financial and legal teams. This can result in big benefits, such as lower interest payments on debt or lower tax costs.

FTSE 250 chemical group Victrex (LSE:VCT) is a good example. The company's shares rose by 8% today after it announced that the group's effective tax rate will fall from about 21% to around 12% with immediate effect.

FTSE drifts as North Korean nuclear test fails to scare investors

The FTSE 100 drifted a few points lower to 7,428 as investors remained relatively calm following the nuclear test by North Korea over the weekend.

Gold gained 0.8% to to $1,335 per ounce, which helped to boost shares in miners Fresnillo (FRES) and Randgold Resources (RRS) by 2% each.

Brent crude oil dipped 0.8% to $52.33 per barrel, while copper climbed 1% to $6,900 per tonne.