Vesuvius Plc (LON:VSVS) Earns “Hold” Rating from Deutsche Bank AG
Vesuvius Plc (LON:VSVS)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank AG in a research note issued to investors on Monday. They presently have a GBX 550 ($7.25) target price on the stock. Deutsche Bank AG’s price objective points to a potential upside of 0.46% from the company’s current price.
Other analysts have also issued research reports about the company. Jefferies Group LLC lifted their price objective on Vesuvius Plc from GBX 595 ($7.85) to GBX 650 ($8.57) and gave the stock a “buy” rating in a report on Tuesday, May 30th. Peel Hunt lifted their price objective on Vesuvius Plc from GBX 610 ($8.05) to GBX 700 ($9.23) and gave the stock a “buy” rating in a report on Wednesday, May 17th. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 655 ($8.64) price objective on shares of Vesuvius Plc in a report on Wednesday, May 10th. BNP Paribas raised Vesuvius Plc to an “outperform” rating and set a GBX 675 ($8.90) price objective for the company in a report on Tuesday, July 18th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 710 ($9.37) price objective (up previously from GBX 620 ($8.18)) on shares of Vesuvius Plc in a report on Monday, July 24th. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Vesuvius Plc has a consensus rating of “Buy” and an average price target of GBX 622.50 ($8.21).
Vesuvius Plc (VSVS) traded up 2.01% on Monday, hitting GBX 558.50. The stock had a trading volume of 439,588 shares. Vesuvius Plc has a 52 week low of GBX 328.01 and a 52 week high of GBX 609.00. The firm has a 50-day moving average of GBX 561.89 and a 200 day moving average of GBX 526.69. The company’s market capitalization is GBX 1.51 billion.
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About Vesuvius Plc
Vesuvius plc provides engineering services and solutions to steel and foundry industries worldwide. It operates in two segments, Steel and Foundry. The company offers foundry consumables and equipment, including binders, melt shop refractories, coatings, filtration and gating systems, metallurgical and pouring control systems, feeding systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for iron, steel, and nonferrous foundries.
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