Vector Group Ltd. (NYSE:VGR – Get Free Report)’s share price reached a new 52-week high on Thursday after Barclays raised their price target on the stock from $15.00 to $16.00. Barclays currently has an overweight rating on the stock. Vector Group traded as high as $13.73 and last traded at $13.70, with a volume of 138031 shares. The stock had previously closed at $13.64.
Separately, StockNews.com raised Vector Group from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 25th.
Read Our Latest Research Report on Vector Group
Institutional Trading of Vector Group
Vector Group Stock Up 1.0 %
The business has a 50 day moving average price of $11.62 and a 200 day moving average price of $11.02. The stock has a market cap of $2.17 billion, a P/E ratio of 11.81 and a beta of 1.03.
About Vector Group
Vector Group Ltd., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes under the Montego, EAGLE 20's, Pyramid, Grand Prix, Liggett Select, Eve, and USA brand names, as well as various partner and private label brands.
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