Vesuvius plc Receives New Coverage from Analysts at Canaccord Genuity (VSVS)
Investment analysts at Canaccord Genuity initiated coverage on shares of Vesuvius plc (LON:VSVS) in a note issued to investors on Monday, AnalystRatingsNetwork.com reports. The firm set a “buy” rating and a GBX 550 ($9.04) price target on the stock. Canaccord Genuity’s price target would suggest a potential upside of 22.88% from the company’s current price.
Vesuvius plc (LON:VSVS) traded down 2.48% during mid-day trading on Monday, hitting GBX 436.50. 220,975 shares of the company’s stock traded hands. Vesuvius plc has a one year low of GBX 321.00 and a one year high of GBX 530.00. The stock has a 50-day moving average of GBX 477. and a 200-day moving average of GBX 467.0.
A number of other firms have also recently commented on VSVS. Analysts at Investec raised their price target on shares of Vesuvius plc from GBX 480 ($7.89) to GBX 485 ($7.97) in a research note to investors on Monday, January 13th. They now have a “hold” rating on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Vesuvius plc in a research note to investors on Thursday, December 12th. They now have a GBX 405 ($6.66) price target on the stock. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. Vesuvius plc currently has an average rating of “Hold” and a consensus target price of GBX 446.20 ($7.33).
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