Vesuvius (VSVS) Receives Buy Rating from Numis Securities

Vesuvius (LON:VSVS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Numis Securities in a research report issued on Tuesday. They presently have a GBX 700 ($9.42) price target on the stock. Numis Securities’ price target would indicate a potential upside of 27.62% from the company’s previous close.

A number of other equities analysts also recently commented on the stock. Peel Hunt restated a “buy” rating and set a GBX 740 ($9.96) price objective on shares of Vesuvius in a research note on Friday, September 15th. Deutsche Bank restated a “hold” rating and set a GBX 550 ($7.40) price objective on shares of Vesuvius in a research note on Friday, October 13th. J P Morgan Chase & Co increased their price objective on shares of Vesuvius from GBX 710 ($9.56) to GBX 730 ($9.83) and gave the stock an “overweight” rating in a research note on Wednesday, November 15th. restated a “buy” rating and set a GBX 730 ($9.83) price objective on shares of Vesuvius in a research note on Tuesday, November 14th. Finally, Jefferies Group increased their price objective on shares of Vesuvius from GBX 666 ($8.96) to GBX 680 ($9.15) and gave the stock a “buy” rating in a research note on Thursday, November 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of GBX 645 ($8.68).

Vesuvius (VSVS) opened at GBX 548.50 ($7.38) on Tuesday. Vesuvius has a one year low of GBX 390.80 ($5.26) and a one year high of GBX 633 ($8.52).

In related news, insider Guy Young sold 8,557 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of GBX 592 ($7.97), for a total value of £50,657.44 ($68,179.60).

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Vesuvius 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.

Analyst Recommendations for Vesuvius (LON:VSVS)

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