Peel Hunt Reaffirms Buy Rating for Vesuvius (LON:VSVS)

Vesuvius (LON:VSVS)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a report released on Tuesday,London Stock Exchange reports. They presently have a GBX 470 price objective on the stock. Peel Hunt’s target price points to a potential upside of 22.97% from the stock’s previous close.

Several other brokerages also recently issued reports on VSVS. JPMorgan Chase & Co. boosted their target price on shares of Vesuvius from GBX 330 to GBX 350 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Berenberg Bank lowered their target price on Vesuvius from GBX 470 to GBX 430 and set a “buy” rating on the stock in a research note on Thursday, July 24th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 416.67.

Vesuvius Trading Up 2.2%

LON VSVS traded up GBX 8.40 on Tuesday, hitting GBX 382.20. 287,659 shares of the company were exchanged, compared to its average volume of 738,521. The company has a debt-to-equity ratio of 41.62, a current ratio of 1.57 and a quick ratio of 1.20. Vesuvius has a twelve month low of GBX 310.80 and a twelve month high of GBX 445.50. The firm has a market capitalization of £933.79 million, a P/E ratio of 13.90, a price-to-earnings-growth ratio of 0.57 and a beta of 1.20. The company’s 50 day moving average price is GBX 374.10 and its 200-day moving average price is GBX 369.70.

About Vesuvius

We are a global leader in metal flow engineering, providing a full range of engineering services and solutions to its customers worldwide, principally serving the steel and foundry industries.