Vesuvius (LON:VSVS)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a research report issued to clients and investors on Wednesday. They presently have a GBX 800 ($10.21) price target on the stock, up from their prior price target of GBX 765 ($9.76). Peel Hunt’s price target indicates a potential upside of 33.22% from the stock’s current price.
VSVS has been the subject of a number of other research reports. Deutsche Bank increased their target price on Vesuvius from GBX 605 ($7.72) to GBX 665 ($8.48) and gave the company a “hold” rating in a research note on Tuesday, July 31st. Numis Securities reiterated a “buy” rating on shares of Vesuvius in a research note on Thursday, July 26th. Jefferies Financial Group increased their target price on Vesuvius from GBX 725 ($9.25) to GBX 740 ($9.44) and gave the company a “buy” rating in a research note on Thursday, July 19th. Investec upgraded Vesuvius to a “buy” rating and set a GBX 650 ($8.29) target price for the company in a research note on Friday, April 27th. Finally, JPMorgan Chase & Co. increased their target price on Vesuvius from GBX 745 ($9.50) to GBX 760 ($9.70) and gave the company an “overweight” rating in a research note on Friday, May 11th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 688.33 ($8.78).
Shares of VSVS stock traded down GBX 9.50 ($0.12) during trading hours on Wednesday, reaching GBX 600.50 ($7.66). The company had a trading volume of 645,944 shares, compared to its average volume of 586,670. Vesuvius has a twelve month low of GBX 503.50 ($6.42) and a twelve month high of GBX 643.50 ($8.21).
Vesuvius (LON:VSVS) last posted its earnings results on Thursday, July 26th. The company reported GBX 25.40 ($0.32) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of GBX 24.70 ($0.32) by GBX 0.70 ($0.01).
Vesuvius plc provides engineering services and solutions principally 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 the iron, steel, and nonferrous foundries.
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