Vesuvius’ (VSVS) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Vesuvius (LON:VSVS) in a research report sent to investors on Friday morning,Digital Look reports. The firm currently has a GBX 440 price objective on the stock.

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

Vesuvius Stock Performance

LON VSVS opened at GBX 466.80 on Friday. The firm has a market cap of £1.15 billion, a P/E ratio of 30.31, a P/E/G ratio of 0.57 and a beta of 1.13. The company has a quick ratio of 1.20, a current ratio of 2.05 and a debt-to-equity ratio of 56.90. Vesuvius has a 52-week low of GBX 350 and a 52-week high of GBX 507.50. The business’s 50-day moving average price is GBX 394.74 and its 200 day moving average price is GBX 424.25.

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

Insider Buying and Selling

In other news, insider Mark Collis sold 5,306 shares of Vesuvius stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of GBX 377, for a total transaction of £20,003.62. Also, insider Patrick André sold 55,936 shares of Vesuvius stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of GBX 368, for a total transaction of £205,844.48. 25.00% of the stock is owned by corporate insiders.

About Vesuvius

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.