Vesuvius (LON:VSVS) Stock Rating Reaffirmed by Deutsche Bank

Vesuvius (LON:VSVS)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Monday, April 15th, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also commented on the company. Berenberg Bank upped their price target on Vesuvius from GBX 615 ($8.04) to GBX 660 ($8.62) and gave the stock a “hold” rating in a research note on Tuesday, March 5th. Goldman Sachs Group increased their target price on Vesuvius from GBX 600 ($7.84) to GBX 620 ($8.10) and gave the company a “neutral” rating in a research note on Monday, March 4th. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 700 ($9.15) target price on shares of Vesuvius in a research note on Monday, March 4th. HSBC upgraded Vesuvius to a “buy” rating and increased their target price for the company from GBX 675 ($8.82) to GBX 725 ($9.47) in a research note on Friday, March 1st. Finally, Peel Hunt reissued a “buy” rating on shares of Vesuvius in a report on Thursday, February 28th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 690 ($9.02).

VSVS traded up GBX 3.50 ($0.05) during trading on Monday, reaching GBX 563 ($7.36). 233,868 shares of the stock were exchanged, compared to its average volume of 586,670. The company has a debt-to-equity ratio of 41.51, a quick ratio of 1.68 and a current ratio of 2.35. Vesuvius has a 1 year low of GBX 469.40 ($6.13) and a 1 year high of GBX 663 ($8.66). The company has a market cap of $1.51 billion and a price-to-earnings ratio of 11.04.

Vesuvius (LON:VSVS) last issued its quarterly earnings data on Thursday, February 28th. The company reported GBX 49.60 ($0.65) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 47.50 ($0.62) by GBX 2.10 ($0.03). On average, analysts predict that Vesuvius will post 4867.00004280259 EPS for the current fiscal year.

In other Vesuvius news, insider Guy Young sold 60,629 shares of the stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of GBX 613 ($8.01), for a total transaction of £371,655.77 ($485,634.09).

About Vesuvius

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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Analyst Recommendations for Vesuvius (LON:VSVS)

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