Vertical Aerospace’s (EVTL) “Market Perform” Rating Reaffirmed at Raymond James

Vertical Aerospace (NYSE:EVTL)‘s stock had its “market perform” rating reaffirmed by equities researchers at Raymond James in a note issued to investors on Tuesday,Benzinga reports.

Several other brokerages have also commented on EVTL. Canaccord Genuity Group upped their price target on Vertical Aerospace from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday. Barclays increased their target price on shares of Vertical Aerospace from $0.75 to $2.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st.

Vertical Aerospace Stock Performance

EVTL stock opened at $8.69 on Tuesday. The business has a fifty day simple moving average of $11.24 and a 200-day simple moving average of $55.76. Vertical Aerospace has a 52 week low of $3.55 and a 52 week high of $12.79.

About Vertical Aerospace

Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.