Volex (VLX) Earns Buy Rating from Liberum Capital

Volex (LON:VLX)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a research report issued on Friday. They presently have a GBX 95 ($1.29) target price on the stock. Liberum Capital’s price target would indicate a potential upside of 17.27% from the company’s current price.

Shares of Volex (LON:VLX) opened at GBX 81.21 ($1.10) on Friday. Volex has a 12-month low of GBX 37.01 ($0.50) and a 12-month high of GBX 86 ($1.17). The firm has a market cap of $72.43 and a P/E ratio of 2,707.00.

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About Volex

Volex plc is a supplier of power cords and cable assembly solutions servicing a range of markets, including consumer electronics, telecommunications, data centers, medical equipment and the automotive industry. The Company’s segments include Power Cords, Cable Assemblies and Central. The Power Cords segment is engaged in the sale and manufacture of electrical power products to manufacturers of electrical/electronic devices and appliances.

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