Versum Materials LLC (VSM) Earns Equal Weight Rating from Analysts at Morgan Stanley
Morgan Stanley initiated coverage on shares of Versum Materials LLC (NYSE:VSM) in a research note issued to investors on Monday morning. The brokerage issued an equal weight rating and a $24.00 price objective on the stock.
Several other equities analysts also recently issued reports on VSM. Oppenheimer Holdings Inc. started coverage on shares of Versum Materials in a report on Monday, September 19th. They set an outperform rating and a $28.00 price target for the company. Jefferies Group assumed coverage on shares of Versum Materials in a report on Friday, September 23rd. They set a hold rating and a $26.00 price target for the company. KeyCorp assumed coverage on shares of Versum Materials in a research report on Wednesday, September 28th. They issued an overweight rating and a $30.00 price objective for the company. Finally, Credit Suisse Group AG assumed coverage on shares of Versum Materials in a research report on Monday. They issued an outperform rating and a $24.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has a consensus rating of Buy and an average price target of $26.83.
Shares of Versum Materials (NYSE:VSM) opened at 23.44 on Monday. Versum Materials has a 1-year low of $21.86 and a 1-year high of $28.00. The company’s 50-day moving average is $23.71 and its 200 day moving average is $23.71.
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