Peel Hunt Reiterates Buy Rating for Vesuvius Plc (LON:VSVS)

Vesuvius Plc (LON:VSVS)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a research report issued to clients and investors on Friday, September 15th. They presently have a GBX 740 ($9.98) target price on the stock. Peel Hunt’s price target suggests a potential upside of 29.26% from the stock’s current price.

Several other brokerages have also recently issued reports on VSVS. Deutsche Bank AG reissued a “hold” rating and issued a GBX 550 ($7.42) price objective on shares of Vesuvius Plc in a research note on Monday, August 7th. BNP Paribas raised Vesuvius Plc to an “outperform” rating and set a GBX 675 ($9.10) target price on the stock in a research report on Tuesday, July 18th. Jefferies Group LLC increased their target price on Vesuvius Plc from GBX 595 ($8.02) to GBX 650 ($8.76) and gave the company a “buy” rating in a research report on Tuesday, May 30th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 710 ($9.57) target price (up previously from GBX 620 ($8.36)) on shares of Vesuvius Plc in a research report on Monday, July 24th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 627.50 ($8.46).

Vesuvius Plc (VSVS) traded up 0.44% during trading on Friday, hitting GBX 572.50. 160,146 shares of the company traded hands. The firm’s market capitalization is GBX 1.55 billion. Vesuvius Plc has a 12-month low of GBX 335.90 and a 12-month high of GBX 633.00. The stock has a 50-day moving average price of GBX 562.84 and a 200-day moving average price of GBX 551.53.

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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.

Analyst Recommendations for Vesuvius Plc (LON:VSVS)

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