Vesuvius Plc (VSVS) Rating Reiterated by HSBC Holdings plc
Vesuvius Plc (LON:VSVS)‘s stock had its “hold” rating reaffirmed by equities researchers at HSBC Holdings plc in a research report issued to clients and investors on Friday. They presently have a GBX 600 ($8.07) price target on the stock. HSBC Holdings plc’s price target would suggest a potential upside of 1.69% from the company’s previous close.
A number of other brokerages also recently weighed in on VSVS. BNP Paribas upgraded Vesuvius Plc to an “outperform” rating and set a GBX 675 ($9.08) price target for the company in a report on Tuesday, July 18th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 710 ($9.55) price target (up from GBX 620 ($8.34)) on shares of Vesuvius Plc in a report on Monday, July 24th. Peel Hunt reiterated a “buy” rating and issued a GBX 740 ($9.95) price target on shares of Vesuvius Plc in a report on Friday, September 15th. Finally, Deutsche Bank AG reiterated a “hold” rating on shares of Vesuvius Plc in a report on Monday, July 10th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Vesuvius Plc presently has a consensus rating of “Buy” and an average price target of GBX 633.75 ($8.52).
Shares of Vesuvius Plc (LON VSVS) opened at 590.00 on Friday. Vesuvius Plc has a 12-month low of GBX 335.90 and a 12-month high of GBX 633.00. The firm’s market capitalization is GBX 1.59 billion. The stock has a 50 day moving average price of GBX 562.84 and a 200 day moving average price of GBX 551.53.
Vesuvius Plc Company Profile
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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