Berenberg Bank Cuts Vesuvius (LON:VSVS) Price Target to GBX 450

Vesuvius (LON:VSVSFree Report) had its price objective cut by Berenberg Bank from GBX 520 to GBX 450 in a report issued on Wednesday morning,Digital Look reports. They currently have a buy rating on the stock.

Several other research firms have also recently commented on VSVS. Peel Hunt reissued a “buy” rating and issued a GBX 525 price target on shares of Vesuvius in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 440 price objective on shares of Vesuvius in a research report on Tuesday, July 28th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 520 target price on shares of Vesuvius in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Vesuvius from GBX 440 to GBX 400 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 467.

Get Our Latest Stock Analysis on Vesuvius

Vesuvius Trading Up 3.4%

LON VSVS opened at GBX 405.40 on Wednesday. The stock has a market capitalization of £998.09 million, a P/E ratio of 26.32, a P/E/G ratio of 0.57 and a beta of 1.15. Vesuvius has a 52-week low of GBX 350 and a 52-week high of GBX 507.50. The firm has a 50-day moving average price of GBX 440.75 and a 200 day moving average price of GBX 444. The company has a quick ratio of 1.20, a current ratio of 2.05 and a debt-to-equity ratio of 56.90.

Vesuvius (LON:VSVSGet Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 16.30 earnings per share for the quarter. Vesuvius had a return on equity of 3.36% and a net margin of 2.09%. Equities research analysts expect that Vesuvius will post 51.3945695 EPS for the current year.

Insider Activity

In other news, insider Patrick André sold 55,936 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of GBX 368, for a total transaction of £205,844.48. Insiders own 25.00% of the company’s stock.

Vesuvius Company Profile

(Get Free Report)

We are a global leader in metal flow engineering, providing a full range of engineering services and solutions to its customers worldwide, principally serving the steel and foundry industries.

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Analyst Recommendations for Vesuvius (LON:VSVS)

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