Vesuvius (LON:VSVS) Price Target Raised to GBX 550

Vesuvius (LON:VSVS – Free Report) had its price objective raised by Berenberg Bank from GBX 450 to GBX 550 in a research report report published on Wednesday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

Other research analysts have also issued research reports about the stock. Peel Hunt reiterated a “buy” rating and issued a GBX 525 price objective on shares of Vesuvius in a research note on Monday, July 27th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 440 price objective on shares of Vesuvius in a report on Tuesday, July 28th. Jefferies Financial Group dropped their target price on Vesuvius from GBX 520 to GBX 480 and set a “buy” rating on the stock in a research report on Tuesday, August 18th. Finally, JPMorgan Chase & Co. dropped their price objective on Vesuvius from GBX 440 to GBX 400 and set a “neutral” rating on the stock in a report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 479.

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Vesuvius Price Performance

VSVS stock opened at GBX 451.20 on Wednesday. Vesuvius has a one year low of GBX 350 and a one year high of GBX 507.50. The firm has a 50-day moving average of GBX 387.02 and a two-hundred day moving average of GBX 422.55. The firm has a market capitalization of £1.11 billion, a PE ratio of 29.30, a P/E/G ratio of 0.57 and a beta of 1.13. The company has a current ratio of 2.05, a quick ratio of 1.20 and a debt-to-equity ratio of 56.90.

Vesuvius (LON:VSVS – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 16.30 earnings per share for the quarter. Vesuvius had a net margin of 2.09% and a return on equity of 3.36%. On average, analysts forecast that Vesuvius will post 51.3945695 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Mark Collis sold 5,306 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of GBX 377, for a total value of £20,003.62. Also, insider Patrick André sold 55,936 shares of the firm’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of GBX 368, for a total value of £205,844.48. 25.00% of the stock is currently owned by company insiders.

About Vesuvius

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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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