J P Morgan Chase & Co Reiterates Overweight Rating for Vesuvius (VSVS)

Vesuvius (LON:VSVS)‘s stock had its “overweight” rating reissued by analysts at J P Morgan Chase & Co in a report released on Friday.

Other analysts have also recently issued research reports about the company. Numis Securities reissued a “buy” rating and issued a GBX 700 ($9.42) price objective on shares of Vesuvius in a research report on Tuesday, December 5th. Peel Hunt reissued a “buy” rating and issued a GBX 740 ($9.96) price objective on shares of Vesuvius in a research report on Friday, September 15th. Jefferies Group raised their price objective on Vesuvius from GBX 666 ($8.96) to GBX 680 ($9.15) and gave the stock a “buy” rating in a research report on Thursday, November 30th. reissued a “buy” rating and issued a GBX 730 ($9.83) price objective on shares of Vesuvius in a research report on Tuesday, November 14th. Finally, Deutsche Bank reissued a “hold” rating and issued a GBX 550 ($7.40) price objective on shares of Vesuvius in a research report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 645 ($8.68).

Vesuvius (LON:VSVS) traded up GBX 11.50 ($0.15) during trading on Friday, hitting GBX 555.50 ($7.48). The stock had a trading volume of 384,730 shares, compared to its average volume of 592,604. Vesuvius has a 52-week low of GBX 390.80 ($5.26) and a 52-week high of GBX 633 ($8.52).

In other news, insider Guy Young purchased 5,454 shares of the stock in a transaction on Friday, December 1st. The stock was bought at an average price of GBX 550 ($7.40) per share, with a total value of £29,997 ($40,372.81).

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About Vesuvius

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.

Analyst Recommendations for Vesuvius (LON:VSVS)

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