Vesuvius Plc’s Buy Rating Reiterated at Canaccord Genuity (VSVS)
Vesuvius Plc (LON:VSVS)‘s stock had its “buy” rating reissued by equities researchers at Canaccord Genuity in a research report issued on Wednesday. They currently have a GBX 550 ($9.10) price target on the stock. Canaccord Genuity’s target price would indicate a potential upside of 19.00% from the company’s current price.
Vesuvius Plc (LON:VSVS) opened at 471.40 on Wednesday. Vesuvius Plc has a 52 week low of GBX 410.00 and a 52 week high of GBX 523.50. The stock’s 50-day moving average is GBX 460.6 and its 200-day moving average is GBX 448.4. The company’s market cap is £1.274 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 26th. Stockholders of record on Wednesday, August 13th will be given a dividend of GBX 5 ($0.08) per share. This represents a yield of 1.07%. The ex-dividend date of this dividend is Wednesday, August 13th.
VSVS has been the subject of a number of other recent research reports. Analysts at Investec raised their price target on shares of Vesuvius Plc from GBX 465 ($7.69) to GBX 485 ($8.03) in a research note on Tuesday, August 19th. They now have an “add” rating on the stock. Finally, 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 ($6.70) price target on the stock. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 459.22 ($7.60).
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