Vesuvius Plc (VSVS) Given Buy Rating at Peel Hunt
Vesuvius Plc (LON:VSVS)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a research note issued on Friday. They currently have a GBX 740 ($9.56) price target on the stock. Peel Hunt’s target price indicates a potential upside of 31.09% from the company’s current price.
Several other equities analysts have also commented on the stock. Jefferies Group LLC increased their price objective on shares of Vesuvius Plc from GBX 595 ($7.68) to GBX 650 ($8.39) and gave the company a “buy” rating in a research report on Tuesday, May 30th. Deutsche Bank AG restated a “hold” rating on shares of Vesuvius Plc in a report on Monday, July 10th. BNP Paribas raised shares of Vesuvius Plc to an “outperform” rating and set a GBX 675 ($8.72) price target on the stock in a research note on Tuesday, July 18th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 710 ($9.17) price target (up previously from GBX 620 ($8.01)) on shares of Vesuvius Plc in a research note on Monday, July 24th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 627.50 ($8.10).
Vesuvius Plc (LON:VSVS) traded down 2.08% during mid-day trading on Friday, hitting GBX 564.50. 819,201 shares of the stock were exchanged. The company has a 50-day moving average of GBX 561.61 and a 200-day moving average of GBX 549.37. The stock’s market capitalization is GBX 1.53 billion. Vesuvius Plc has a 52 week low of GBX 335.90 and a 52 week high of GBX 633.00.
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Vesuvius Plc Company Profile
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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