Royal Bank of Canada Reaffirms “Top pick” Rating for Vesuvius (LON:VSVS)
Vesuvius (LON:VSVS)‘s stock had its “top pick” rating reaffirmed by analysts at Royal Bank of Canada in a report released on Tuesday, ThisIsMoney.Co.Uk reports.
VSVS has been the topic of several other research reports. Deutsche Bank restated a “hold” rating on shares of Vesuvius in a research report on Monday, April 15th. Peel Hunt restated a “buy” rating on shares of Vesuvius in a research report on Wednesday, May 15th. Numis Securities reiterated an “add” rating on shares of Vesuvius in a report on Monday, June 3rd. Berenberg Bank increased their price target on Vesuvius from GBX 615 ($8.04) to GBX 660 ($8.62) and gave the stock a “hold” rating in a report on Tuesday, March 5th. Finally, Goldman Sachs Group increased their price target on Vesuvius from GBX 600 ($7.84) to GBX 620 ($8.10) and gave the stock a “neutral” rating in a report on Monday, March 4th. Five investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of GBX 675.80 ($8.83).
Shares of Vesuvius stock opened at GBX 526 ($6.87) on Tuesday. Vesuvius has a one year low of GBX 469.40 ($6.13) and a one year high of GBX 663 ($8.66). The company has a debt-to-equity ratio of 41.51, a quick ratio of 1.68 and a current ratio of 2.35. The stock has a market cap of $1.41 billion and a P/E ratio of 10.31.
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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