▲ +42.59% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Velocys plc (VLS.L) in the last 3 months. The average price target is GBX 15, with a high forecast of GBX 15 and a low forecast of GBX 15. The average price target represents a 42.59% upside from the last price of GBX 10.52.
The current consensus among 1 contributing investment analysts is to hold stock in Velocys plc (VLS.L). This rating has held steady since May 2020, when it changed from a Buy consensus rating.
Velocys plc operates as a sustainable fuels technology company. It designs, develops, and licenses its Fischer-Tropsch technology for the generation of clean, low carbon, synthetic drop-in aviation and road transport fuel from municipal solid waste and residual woody biomass plants. The company has a collaboration with British Airways and Shell for the development of a waste-to-jet-fuel project in the United Kingdom. It has operations in the United States, the United Kingdom, and the Asia Pacific. The company was formerly known as Oxford Catalysts Group PLC and changed its name to Velocys plc in September 2013. Velocys plc was incorporated in 2006 and is headquartered in Oxford, the United Kingdom.