Vertical Aerospace (NYSE:EVTL) Given New $13.00 Price Target at Deutsche Bank Aktiengesellschaft

Vertical Aerospace (NYSE:EVTL) had its price target decreased by Deutsche Bank Aktiengesellschaft from $15.00 to $13.00 in a research note published on Tuesday morning,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Several other research firms also recently weighed in on EVTL. Barclays increased their price objective on Vertical Aerospace from $0.75 to $2.00 and gave the company an “underweight” rating in a report on Thursday, November 21st. Raymond James reissued a “market perform” rating on shares of Vertical Aerospace in a research report on Tuesday, November 26th. Finally, Canaccord Genuity Group upped their target price on shares of Vertical Aerospace from $15.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, November 26th.

Vertical Aerospace Price Performance

Shares of NYSE EVTL opened at $7.53 on Tuesday. The business has a 50-day moving average price of $5.98 and a 200 day moving average price of $53.98. Vertical Aerospace has a 52-week low of $3.55 and a 52-week high of $12.79.

Vertical Aerospace Company Profile

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.