Vesuvius’ (VSVS) Hold Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Vesuvius (LON:VSVS)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank Aktiengesellschaft in a report released on Friday, Digital Look reports. They currently have a GBX 440 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential downside of 5.74% from the stock’s previous close.

Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. dropped their target price on shares of Vesuvius from GBX 440 to GBX 400 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Jefferies Financial Group decreased their price target on shares of Vesuvius from GBX 520 to GBX 480 and set a “buy” rating for the company in a research note on Tuesday, August 18th. Peel Hunt reiterated a “buy” rating and set a GBX 525 price objective on shares of Vesuvius in a report on Monday, July 27th. Finally, Berenberg Bank upped their price objective on shares of Vesuvius from GBX 450 to GBX 550 and gave the company a “buy” rating in a report on Wednesday, September 30th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 479.

Vesuvius Stock Performance

Shares of VSVS stock opened at GBX 466.80 on Friday. The company has a market cap of £1.15 billion, a P/E ratio of 30.31, a PEG ratio of 0.57 and a beta of 1.13. The stock has a 50 day simple moving average of GBX 394.74 and a two-hundred day simple moving average of GBX 424.25. The company has a debt-to-equity ratio of 56.90, a quick ratio of 1.20 and a current ratio of 2.05. Vesuvius has a fifty-two week low of GBX 350 and a fifty-two week high of GBX 507.50.

Vesuvius (LON:VSVS) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX 16.30 earnings per share (EPS) for the quarter. Vesuvius had a return on equity of 3.36% and a net margin of 2.09%. Research analysts forecast that Vesuvius will post 51.39 earnings per share for the current year.

Insider Activity at Vesuvius

In other news, insider Patrick André sold 55,936 shares of the company’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. Also, insider Mark Collis sold 5,306 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of GBX 377, for a total value of £20,003.62. 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.