Vesuvius (LON:VSVS) Given New GBX 600 Price Target at Goldman Sachs Group
Vesuvius (LON:VSVS) had its target price cut by Goldman Sachs Group from GBX 620 ($8.10) to GBX 600 ($7.84) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a neutral rating on the stock.
A number of other research analysts have also issued reports on the stock. Royal Bank of Canada started coverage on shares of Avantor in a research note on Tuesday, June 11th. They set an outperform rating and a $22.00 target price for the company. Deutsche Bank reissued a buy rating and set a $18.00 target price on shares of STMicroelectronics in a research note on Monday, April 15th. JPMorgan Chase & Co. reissued a neutral rating on shares of Anglo American in a research note on Wednesday, May 15th. Numis Securities reissued a buy rating and set a GBX 1,800 ($23.52) target price on shares of in a research note on Monday, June 3rd. Finally, Peel Hunt reissued a buy rating on shares of Lookers in a research note on Monday. Five analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of Buy and an average target price of GBX 673.80 ($8.80).
Vesuvius stock traded down GBX 4.50 ($0.06) during midday trading on Wednesday, reaching GBX 515 ($6.73). 183,014 shares of the stock traded hands, compared to its average volume of 586,670. The company has a current ratio of 2.35, a quick ratio of 1.68 and a debt-to-equity ratio of 41.51. The stock has a fifty day moving average price of GBX 525.33. The firm has a market cap of $1.40 billion and a price-to-earnings ratio of 10.10. Vesuvius has a fifty-two week low of GBX 469.40 ($6.13) and a fifty-two week high of GBX 663 ($8.66).
Vesuvius plc provides engineering services and solutions principally 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 the iron, steel, and nonferrous foundries.
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