Vesuvius (VSVS) Earns Overweight Rating from J P Morgan Chase & Co
Several other equities research analysts have also issued reports on VSVS. Deutsche Bank lifted their price target on shares of Vesuvius from GBX 550 ($7.40) to GBX 605 ($8.14) and gave the company a hold rating in a report on Monday, December 4th. reaffirmed a hold rating and set a GBX 600 ($8.08) price target on shares of Vesuvius in a report on Friday, September 29th. Numis Securities reaffirmed a buy rating and set a GBX 700 ($9.42) price target on shares of Vesuvius in a report on Tuesday, December 5th. Barclays initiated coverage on shares of Vesuvius in a report on Friday, December 1st. They set an underweight rating and a GBX 500 ($6.73) target price on the stock. Finally, Jefferies Group boosted their target price on shares of Vesuvius from GBX 666 ($8.96) to GBX 680 ($9.15) and gave the stock a buy rating in a report on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. Vesuvius currently has a consensus rating of Buy and an average price target of GBX 645 ($8.68).
Shares of Vesuvius (LON VSVS) opened at GBX 562 ($7.56) on Friday. Vesuvius has a twelve month low of GBX 390.80 ($5.26) and a twelve month high of GBX 633 ($8.52).
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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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