Vivo Energy (VVO) Rating Reiterated by Numis Securities

Vivo Energy (LON:VVO)‘s stock had its “buy” rating reissued by equities research analysts at Numis Securities in a research note issued on Wednesday, May 8th, Digital Look reports. They presently have a GBX 185 ($2.42) target price on the stock. Numis Securities’ target price suggests a potential upside of 46.59% from the company’s current price.

Shares of LON:VVO opened at GBX 126.20 ($1.65) on Wednesday. The company has a quick ratio of 0.55, a current ratio of 0.99 and a debt-to-equity ratio of 122.31. Vivo Energy has a 12 month low of GBX 93.71 ($1.22) and a 12 month high of GBX 182.28 ($2.38). The stock has a market capitalization of $1.60 billion and a P/E ratio of 11.47.

In related news, insider Johan Depraetere sold 132,557 shares of the stock in a transaction dated Friday, May 17th. The shares were sold at an average price of GBX 115 ($1.50), for a total value of £152,440.55 ($199,190.58).

About Vivo Energy

Vivo Energy plc operates as a retailer and distributor of fuels and lubricants in Africa. It sources, distributes, markets, and supplies various products to retail and commercial customers. The company operates through three segments: Retail, Commercial, and Lubricants. The Retail segment sells petrol and diesel fuels at Shell-branded service stations; operates convenience retail shops, and quick service and fast casual restaurants; and provides other services, including lubricant bays, car washes, and banking services.

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