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

Vesuvius (LON:VSVS) had its price target lowered by investment analysts at Jefferies Financial Group from GBX 520 to GBX 480 in a note issued to investors on Tuesday,Digital Look reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 22.51% from the company’s previous close.

A number of other brokerages have also weighed in on VSVS. JPMorgan Chase & Co. lowered their price objective on shares of Vesuvius from GBX 440 to GBX 400 and set a “neutral” rating for the company in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 440 target price on shares of Vesuvius in a report on Tuesday, July 28th. Berenberg Bank decreased their target price on shares of Vesuvius from GBX 520 to GBX 450 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 525 price target on shares of Vesuvius in a research note on Monday, July 27th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Vesuvius currently has a consensus rating of “Moderate Buy” and an average price target of GBX 459.

Vesuvius Stock Performance

LON VSVS opened at GBX 391.80 on Tuesday. The company’s 50 day moving average is GBX 432.89 and its 200-day moving average is GBX 441.63. Vesuvius has a 12-month low of GBX 350 and a 12-month high of GBX 507.50. The company has a quick ratio of 1.20, a current ratio of 2.05 and a debt-to-equity ratio of 56.90. The firm has a market cap of £964.60 million, a P/E ratio of 25.44, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13.

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

Insider Activity

In related news, insider Patrick André sold 55,936 shares of Vesuvius stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of GBX 368, for a total value of £205,844.48. 25.00% of the stock is currently owned by insiders.

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.