Goldman Sachs Group Lowers Vesuvius (VSVS) Price Target to GBX 640

Vesuvius (LON:VSVS) had its price objective trimmed by Goldman Sachs Group from GBX 660 ($8.62) to GBX 640 ($8.36) in a research note published on Tuesday morning. The firm currently has a neutral rating on the stock.

A number of other brokerages also recently issued reports on VSVS. Peel Hunt restated a buy rating on shares of Vesuvius in a research report on Thursday, September 13th. Berenberg Bank started coverage on Vesuvius in a research report on Thursday, October 4th. They set a hold rating and a GBX 660 ($8.62) price objective on the stock. JPMorgan Chase & Co. upped their price objective on Vesuvius from GBX 760 ($9.93) to GBX 765 ($10.00) and gave the company an overweight rating in a research report on Wednesday, November 7th. Finally, Royal Bank of Canada started coverage on Vesuvius in a research report on Tuesday, November 20th. They set a top pick rating and a GBX 700 ($9.15) price objective on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Vesuvius presently has a consensus rating of Buy and a consensus target price of GBX 687.31 ($8.98).

Shares of VSVS stock opened at GBX 483 ($6.31) on Tuesday. Vesuvius has a 1 year low of GBX 503.50 ($6.58) and a 1 year high of GBX 643.50 ($8.41).

Vesuvius Company Profile

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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Analyst Recommendations for Vesuvius (LON:VSVS)

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