Shares of Vesuvius PLC (LON:VSVS) have received a consensus recommendation of “Buy” from the eleven ratings firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 629.60 ($8.23).
A number of equities research analysts recently weighed in on VSVS shares. Berenberg Bank lowered their price target on Vesuvius from GBX 565 ($7.38) to GBX 520 ($6.79) and set a “hold” rating on the stock in a report on Wednesday, August 21st. Royal Bank of Canada restated a “top pick” rating on shares of Vesuvius in a report on Monday, August 5th. Jefferies Financial Group restated a “buy” rating on shares of Vesuvius in a report on Wednesday, July 24th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Vesuvius in a research note on Thursday, July 11th. Finally, Goldman Sachs Group reduced their target price on Vesuvius from GBX 620 ($8.10) to GBX 600 ($7.84) and set a “neutral” rating on the stock in a research note on Wednesday, July 10th.
Shares of VSVS traded up GBX 4 ($0.05) on Friday, reaching GBX 494.80 ($6.47). The stock had a trading volume of 226,587 shares, compared to its average volume of 586,670. The firm has a market capitalization of $1.34 billion and a PE ratio of 10.76. The company has a quick ratio of 1.64, a current ratio of 2.24 and a debt-to-equity ratio of 44.89. The firm has a 50-day moving average of GBX 483.08 and a 200 day moving average of GBX 549.78. Vesuvius has a twelve month low of GBX 448 ($5.85) and a twelve month high of GBX 663 ($8.66).
The business also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 8th will be paid a GBX 6.20 ($0.08) dividend. This represents a yield of 1.17%. The ex-dividend date is Thursday, August 8th. Vesuvius’s payout ratio is currently 0.43%.
Vesuvius plc provides engineering services and solutions principally to steel and foundry industries worldwide. It operates in two segments, Steel and Foundry. The company offers foundry consumables and equipment, including binders, melt shop refractories, coatings, filtration and gating systems, metallurgical and pouring control systems, feeding systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for the iron, steel, and nonferrous foundries.
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