Vesuvius (LON:VSVS)‘s stock had its “underweight” rating reissued by Barclays in a research note issued on Monday. They currently have a GBX 535 ($7.20) price objective on the stock. Barclays’ target price would suggest a potential downside of 7.12% from the stock’s previous close.
Several other research analysts have also commented on VSVS. Jefferies Group reaffirmed a “buy” rating on shares of Vesuvius in a research note on Monday. reaffirmed a “hold” rating and set a GBX 600 ($8.08) price objective on shares of Vesuvius in a research note on Friday, September 29th. J P Morgan Chase & Co reaffirmed an “overweight” rating on shares of Vesuvius in a research note on Friday, December 8th. Numis Securities reaffirmed a “buy” rating and set a GBX 700 ($9.42) price objective on shares of Vesuvius in a research note on Tuesday, December 5th. Finally, Deutsche Bank lifted their price objective on shares of Vesuvius from GBX 550 ($7.40) to GBX 605 ($8.14) and gave the stock a “hold” rating in a research note on Monday, December 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. Vesuvius has an average rating of “Buy” and a consensus target price of GBX 648.50 ($8.73).
Vesuvius (LON VSVS) opened at GBX 576 ($7.75) on Monday. Vesuvius has a one year low of GBX 390.80 ($5.26) and a one year high of GBX 643.50 ($8.66).
In other Vesuvius news, insider Guy Young bought 5,454 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was acquired at an average cost of GBX 550 ($7.40) per share, for a total transaction of £29,997 ($40,372.81).
ILLEGAL ACTIVITY NOTICE: “Vesuvius (VSVS) Rating Reiterated by Barclays” was first posted by Transcript Daily and is the property of of Transcript Daily. If you are reading this report on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright laws. The original version of this report can be read at https://transcriptdaily.com/2017/12/20/vesuvius-vsvs-rating-reiterated-by-barclays.html.
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.
Receive News & Ratings for Vesuvius Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vesuvius and related companies with MarketBeat.com's FREE daily email newsletter.