Vesuvius (LON:VSVS) had its target price boosted by equities research analysts at Jefferies Group from GBX 705 ($9.74) to GBX 725 ($10.02) in a report issued on Monday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s price target points to a potential upside of 19.74% from the company’s current price.
Other equities research analysts also recently issued research reports about the stock. Deutsche Bank boosted their target price on shares of Vesuvius from GBX 550 ($7.60) to GBX 605 ($8.36) and gave the stock a “hold” rating in a research report on Monday, December 4th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Vesuvius in a research report on Friday, December 8th. Numis Securities reissued a “buy” rating and issued a GBX 700 ($9.67) target price on shares of Vesuvius in a research report on Wednesday, February 14th. Barclays reissued an “underweight” rating and issued a GBX 535 ($7.39) target price on shares of Vesuvius in a research report on Monday, December 18th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 740 ($10.22) target price on shares of Vesuvius in a research report on Friday, March 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 672.27 ($9.29).
Vesuvius stock opened at GBX 605.50 ($8.37) on Monday. Vesuvius has a 1-year low of GBX 503.50 ($6.96) and a 1-year high of GBX 643.50 ($8.89).
Vesuvius (LON:VSVS) last released its earnings results on Thursday, March 1st. The company reported GBX 40.70 ($0.56) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 38.10 ($0.53) by GBX 2.60 ($0.04). The company had revenue of GBX 168.39 billion during the quarter.
ILLEGAL ACTIVITY WARNING: “Jefferies Group Increases Vesuvius (VSVS) Price Target to GBX 725” was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this news story on another site, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/03/19/jefferies-group-increases-vesuvius-vsvs-price-target-to-gbx-725.html.
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.
Receive News & Ratings for Vesuvius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vesuvius and related companies with MarketBeat.com's FREE daily email newsletter.