Barclays Reiterates Underweight Rating for Vesuvius (VSVS)
Several other research firms also recently weighed in on VSVS. Peel Hunt reaffirmed a buy rating and set a GBX 740 ($9.96) price target on shares of Vesuvius in a research note on Tuesday, November 14th. J P Morgan Chase & Co lifted their price target on shares of Vesuvius from GBX 710 ($9.56) to GBX 730 ($9.83) and gave the company an overweight rating in a research note on Wednesday, November 15th. Numis Securities reaffirmed a buy rating and set a GBX 730 ($9.83) price target on shares of Vesuvius in a research note on Tuesday, November 14th. Deutsche Bank reaffirmed a hold rating and set a GBX 550 ($7.40) price target on shares of Vesuvius in a research note on Friday, October 13th. Finally, reaffirmed a hold rating and set a GBX 600 ($8.08) price target on shares of Vesuvius in a research note on Friday, September 29th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of GBX 648.50 ($8.73).
Vesuvius (LON:VSVS) opened at GBX 579.50 ($7.80) on Monday. Vesuvius has a 52-week low of GBX 390.80 ($5.26) and a 52-week high of GBX 643.50 ($8.66).
In related news, insider Guy Young purchased 5,454 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was purchased at an average price of GBX 550 ($7.40) per share, with a total value of £29,997 ($40,372.81).
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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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