Vesuvius (LON:VSVS) Sets New 52-Week High – What’s Next?

Shares of Vesuvius plc (LON:VSVS) hit a new 52-week high on Friday . The stock traded as high as GBX 424 and last traded at GBX 416.40, with a volume of 543 shares traded. The stock had previously closed at GBX 421.20.

Analysts Set New Price Targets

VSVS has been the topic of several research reports. Jefferies Financial Group raised their price target on Vesuvius from GBX 500 to GBX 550 and gave the company a “buy” rating in a research note on Wednesday, November 12th. JPMorgan Chase & Co. increased their target price on shares of Vesuvius from GBX 340 to GBX 390 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Berenberg Bank raised their target price on shares of Vesuvius from GBX 430 to GBX 460 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 470 price target on shares of Vesuvius in a research report on Tuesday, November 11th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 467.50.

Vesuvius Stock Performance

The business has a 50-day moving average of GBX 386.26 and a two-hundred day moving average of GBX 377.94. The company has a market cap of £1.03 billion, a P/E ratio of 15.36, a P/E/G ratio of 0.57 and a beta of 1.20. The company has a debt-to-equity ratio of 41.62, a current ratio of 1.57 and a quick ratio of 1.20.

About Vesuvius

We are a global leader in metal flow engineering, providing a full range of engineering services and solutions to its customers worldwide, principally serving the steel and foundry industries.