Vesuvius Plc (LON:VSVS) had its price objective boosted by equities researchers at J P Morgan Chase & Co from GBX 710 ($9.34) to GBX 730 ($9.60) in a research report issued on Wednesday. The brokerage currently has an “overweight” rating on the stock. J P Morgan Chase & Co’s price target indicates a potential upside of 23.83% from the company’s previous close.
Several other analysts have also recently commented on the company. Peel Hunt restated a “buy” rating and issued a GBX 740 ($9.73) target price on shares of Vesuvius Plc in a research report on Friday, September 15th. Deutsche Bank AG restated a “hold” rating and issued a GBX 550 ($7.23) target price on shares of Vesuvius Plc in a research report on Friday, October 13th. BNP Paribas upgraded Vesuvius Plc to an “outperform” rating and set a GBX 675 ($8.88) target price on the stock in a research report on Tuesday, July 18th. restated a “hold” rating and issued a GBX 600 ($7.89) target price on shares of Vesuvius Plc in a research report on Friday, September 29th. Finally, Numis Securities Ltd restated a “buy” rating and issued a GBX 730 ($9.60) target price on shares of Vesuvius Plc in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 645.63 ($8.49).
Shares of Vesuvius Plc (VSVS) opened at GBX 589.50 ($7.75) on Wednesday. Vesuvius Plc has a 1 year low of GBX 361.90 ($4.76) and a 1 year high of GBX 633 ($8.33).
In other news, insider Guy Young sold 8,557 shares of Vesuvius Plc stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of GBX 592 ($7.79), for a total transaction of £50,657.44 ($66,628.23).
About Vesuvius Plc
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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