Vesuvius (VSVS) Given Buy Rating at Jefferies Group

Vesuvius (LON:VSVS)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Group in a report issued on Monday, December 18th.

Other analysts have also recently issued reports about the company. Peel Hunt reissued a “buy” rating and issued a GBX 740 ($10.04) price target on shares of Vesuvius in a research report on Tuesday, October 31st. Deutsche Bank boosted their price target on Vesuvius from GBX 550 ($7.46) to GBX 605 ($8.20) and gave the stock a “hold” rating in a research report on Monday, December 4th. reissued a “buy” rating and issued a GBX 730 ($9.90) price target on shares of Vesuvius in a research report on Tuesday, November 14th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Vesuvius in a research report on Friday, December 8th. Finally, Numis Securities reissued a “buy” rating and issued a GBX 700 ($9.49) price target on shares of Vesuvius in a research report on Tuesday, December 5th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 648.50 ($8.79).

Shares of Vesuvius (LON:VSVS) remained flat at $GBX 591.50 ($8.02) on Monday. The company had a trading volume of 361,924 shares, compared to its average volume of 435,379. Vesuvius has a one year low of GBX 395.90 ($5.37) and a one year high of GBX 643.50 ($8.73).

In other Vesuvius news, insider Guy Young acquired 5,454 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were acquired at an average cost of GBX 550 ($7.46) per share, with a total value of £29,997 ($40,679.41).

TRADEMARK VIOLATION NOTICE: This story was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://ledgergazette.com/2018/01/11/vesuvius-vsvs-buy-rating-reaffirmed-at-jefferies-group.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.

Analyst Recommendations for Vesuvius (LON:VSVS)

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.

Leave a Reply