Vesuvius (LON:VSVS) Price Target Cut to GBX 400 by Analysts at JPMorgan Chase & Co.

Vesuvius (LON:VSVS) had its target price decreased by equities researchers at JPMorgan Chase & Co. from GBX 440 to GBX 400 in a research report issued on Friday,Digital Look reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 7.70% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Peel Hunt reiterated a “buy” rating and set a GBX 525 price objective on shares of Vesuvius in a research report on Monday. Jefferies Financial Group restated a “buy” rating and issued a GBX 520 price target on shares of Vesuvius in a research note on Monday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 440 price target on shares of Vesuvius in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Vesuvius has an average rating of “Moderate Buy” and an average target price of GBX 469.

Vesuvius Stock Performance

Shares of Vesuvius stock traded up GBX 6.60 during trading on Friday, hitting GBX 371.40. 618,047 shares of the stock were exchanged, compared to its average volume of 1,527,867. Vesuvius has a 1-year low of GBX 346.60 and a 1-year high of GBX 507.50. The company has a current ratio of 2.35, a quick ratio of 1.20 and a debt-to-equity ratio of 57.10. The stock has a market capitalization of £914.38 million, a price-to-earnings ratio of 17.77, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15. The company has a fifty day moving average price of GBX 450.59 and a 200-day moving average price of GBX 445.80.

Vesuvius (LON:VSVS) last announced its quarterly earnings results on Thursday, July 30th. The company reported GBX 16.30 earnings per share (EPS) for the quarter. Vesuvius had a return on equity of 4.75% and a net margin of 2.88%. As a group, equities analysts predict that Vesuvius will post 51.3945695 EPS for the current fiscal year.

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.