Jefferies Financial Group Cuts Vesuvius (LON:VSVS) Price Target to GBX 480

Vesuvius (LON:VSVS) had its price target lowered by Jefferies Financial Group from GBX 520 to GBX 480 in a report released on Tuesday morning,Digital Look reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. Berenberg Bank lowered their target price on Vesuvius from GBX 520 to GBX 450 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. JPMorgan Chase & Co. decreased their price target on shares of Vesuvius from GBX 440 to GBX 400 and set a “neutral” rating for the company in a research note on Friday, July 31st. Peel Hunt restated a “buy” rating and set a GBX 525 price objective on shares of Vesuvius in a report on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 440 price objective on shares of Vesuvius in a report on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of GBX 459.

Vesuvius Stock Performance

Shares of VSVS opened at GBX 379 on Tuesday. Vesuvius has a one year low of GBX 350 and a one year high of GBX 507.50. The company has a market cap of £933.09 million, a PE ratio of 24.61, a P/E/G ratio of 0.57 and a beta of 1.13. The stock has a 50-day moving average of GBX 428.75 and a 200-day moving average of GBX 439.97. The company has a debt-to-equity ratio of 56.90, a current ratio of 2.05 and a quick ratio of 1.20.

Vesuvius (LON:VSVS) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 16.30 earnings per share for the quarter. Vesuvius had a return on equity of 3.36% and a net margin of 2.09%. On average, equities research analysts predict that Vesuvius will post 51.3945695 EPS for the current fiscal year.

Insider Buying and Selling

In other Vesuvius news, insider Patrick André sold 55,936 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of GBX 368, for a total transaction of £205,844.48. Corporate insiders own 25.00% of the company’s stock.

Vesuvius Company Profile

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.