Vesuvius Plc PT Raised to GBX 485 at Investec (VSVS)
Analysts at Investec hoisted their price objective on shares of Vesuvius Plc (LON:VSVS) from GBX 465 ($7.77) to GBX 485 ($8.11) in a research report issued to clients and investors on Tuesday. The firm currently has an “add” rating on the stock. Investec’s price objective would suggest a potential upside of 5.01% from the stock’s previous close.
Shares of Vesuvius Plc (LON:VSVS) opened at 467.00 on Tuesday. Vesuvius Plc has a 52-week low of GBX 410.00 and a 52-week high of GBX 523.50. The stock has a 50-day moving average of GBX 459.5 and a 200-day moving average of GBX 447.3. The company’s market cap is £1.262 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 26th. Shareholders of record on Wednesday, August 13th will be paid a dividend of GBX 5 ($0.08) per share. This represents a dividend yield of 1.07%. The ex-dividend date is Wednesday, August 13th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Vesuvius Plc in a research note on Friday, August 8th. They now have a GBX 405 ($6.77) price target on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Vesuvius Plc from GBX 420 ($7.02) to GBX 426 ($7.12) in a research note on Monday, August 4th. They now have an “underweight” rating on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Vesuvius Plc in a research note on Monday, August 4th. They now have a GBX 515 ($8.61) price target on the stock. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. Vesuvius Plc currently has a consensus rating of “Hold” and an average target price of GBX 459.22 ($7.68).
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