Peel Hunt reaffirmed their buy rating on shares of Vesuvius Plc (LON:VSVS) in a research report sent to investors on Tuesday morning. Peel Hunt currently has a GBX 740 ($9.73) target price on the stock.
Several other research analysts also recently commented on the stock. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 710 ($9.34) target price (up previously from GBX 620 ($8.15)) on shares of Vesuvius Plc in a report on Monday, July 24th. Deutsche Bank AG reiterated a hold rating and issued a GBX 550 ($7.23) target price on shares of Vesuvius Plc in a report on Friday, October 13th. BNP Paribas upgraded shares of Vesuvius Plc to an outperform rating and set a GBX 675 ($8.88) target price on the stock in a report on Tuesday, July 18th. Finally, reiterated a hold rating and issued a GBX 600 ($7.89) target price on shares of Vesuvius Plc in a report on Friday, September 29th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Vesuvius Plc has an average rating of Buy and a consensus price target of GBX 655 ($8.62).
Shares of Vesuvius Plc (VSVS) traded down GBX 0.91 ($0.01) on Tuesday, reaching GBX 590.09 ($7.76). 339,063 shares of the company traded hands, compared to its average volume of 561,483. Vesuvius Plc has a 12-month low of GBX 390.60 ($5.14) and a 12-month high of GBX 633 ($8.33).
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In other news, insider Guy Young sold 8,557 shares of Vesuvius Plc stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of GBX 592 ($7.79), for a total transaction of £50,657.44 ($66,628.23).
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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