Victrex stock rises after a profit guidance upgrade

Published on 09/11/2026 at 18:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Victrex stock gained after Citi lifted its price target to 1,000p from 700p on September 11, 2026. The company also raised FY26 underlying pre-tax profit guidance to GBP 45 million to GBP 47 million.

Victrex, GB0009292243, Illustration mit AI erstellt.

Victrex plc stock (ISIN GB0009292243) traded at 964.0p on September 11, 2026 after Citi lifted its price target to 1,000p from 700p and kept a neutral view, while the company had raised FY26 underlying pre-tax profit guidance to GBP 45 million to GBP 47 million.

Guidance reset drives the move

According to Financial News on September 11, 2026, Citi lifted the target to 1,000p from 700p and said Victrex shares were down 3.4 percent at 964.0p at 1420 BST.

The same report said Victrex updated FY26 underlying pre-tax profit guidance from GBP 42 million to GBP 44 million to GBP 45 million to GBP 47 million. Citi also raised its FY26 estimate to GBP 46 million from GBP 44 million and its FY27 forecast to GBP 54 million from GBP 50 million.

Market reprice is clear

Victrex stock closed at 993.00 GBX on September 9, 2026 and traded around 996.00 GBX in early dealings on September 10, 2026, after a gain of more than 15 percent around the close. Compared with the FTSE 100 at 10,608.92 points on September 10, 2026, Victrex outperformed the broader market.

According to ad hoc news on September 11, 2026, the earlier jump followed the profit guidance upgrade and the stock moved to 993.00 GBX on September 9, 2026 before the 996.00 GBX opening quote on September 10, 2026.

Victrex at a glance

Dividend, revenue and margin figures were not visible in the latest linked market snippets, but the current rerating now centers on the upgraded FY26 profit range and the new 1,000p target. For investors, the gap between the 964.0p quote and Citi's 1,000p target leaves the guidance change as the immediate driver.