Vesuvius (LON:VSVS) had its target price hoisted by Jefferies Group from GBX 705 ($9.74) to GBX 725 ($10.02) in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock. Jefferies Group’s target price would suggest a potential upside of 19.74% from the company’s current price.
VSVS has been the topic of several other research reports. Numis Securities restated a “buy” rating and set a GBX 700 ($9.67) target price on shares of Vesuvius in a report on Wednesday, February 14th. Barclays assumed coverage on shares of Vesuvius in a report on Friday, December 1st. They set an “underweight” rating and a GBX 500 ($6.91) target price on the stock. Deutsche Bank restated a “hold” rating and set a GBX 605 ($8.36) target price on shares of Vesuvius in a report on Wednesday, March 14th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Vesuvius in a report on Friday, December 8th. Finally, Peel Hunt restated a “buy” rating and set a GBX 740 ($10.22) target price on shares of Vesuvius in a report on Friday, March 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. Vesuvius presently has an average 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 posted its earnings results on Thursday, March 1st. The company reported GBX 40.70 ($0.56) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 38.10 ($0.53) by GBX 2.60 ($0.04). The business had revenue of GBX 168.39 billion for the quarter.
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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.
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