Vesuvius (LON:VSVS) Sets New 12-Month High – Here’s What Happened

Shares of Vesuvius plc (LON:VSVS) hit a new 52-week high on Thursday . The stock traded as high as GBX 506 and last traded at GBX 499.11, with a volume of 331532 shares traded. The stock had previously closed at GBX 490.60.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on VSVS. Berenberg Bank lifted their price target on shares of Vesuvius from GBX 430 to GBX 460 and gave the company a “buy” rating in a research note on Tuesday, November 11th. JPMorgan Chase & Co. increased their price objective on shares of Vesuvius from GBX 340 to GBX 390 and gave the company a “neutral” rating in a report on Thursday, December 4th. Peel Hunt reissued a “buy” rating and set a GBX 470 target price on shares of Vesuvius in a research note on Tuesday, November 11th. Finally, Jefferies Financial Group upped their price target on shares of Vesuvius from GBX 500 to GBX 550 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 467.50.

Vesuvius Stock Performance

The company has a current ratio of 1.57, a quick ratio of 1.20 and a debt-to-equity ratio of 41.62. The stock’s fifty day simple moving average is GBX 441.96 and its 200 day simple moving average is GBX 398.22. The company has a market cap of £1.23 billion, a price-to-earnings ratio of 18.27, a P/E/G ratio of 0.57 and a beta of 1.20.

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.