Vesuvius (VSVS) Given New GBX 605 Price Target at Deutsche Bank

Vesuvius (LON:VSVS) had its price objective increased by Deutsche Bank from GBX 550 ($7.40) to GBX 605 ($8.14) in a report issued on Monday. The firm currently has a hold rating on the stock.

A number of other brokerages have also issued reports on VSVS. restated a hold rating and set a GBX 600 ($8.08) price target on shares of Vesuvius in a research note on Friday, September 29th. Peel Hunt restated a buy rating and set a GBX 740 ($9.96) price target on shares of Vesuvius in a research note on Monday, October 9th. Numis Securities restated a buy rating and set a GBX 730 ($9.83) price target on shares of Vesuvius in a research note on Tuesday, November 14th. restated a buy rating and set a GBX 730 ($9.83) price target on shares of Vesuvius in a research note on Tuesday, November 14th. Finally, Jefferies Group upped their price objective on shares of Vesuvius from GBX 666 ($8.96) to GBX 680 ($9.15) and gave the company a buy rating in a report on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. Vesuvius has a consensus rating of Buy and an average price target of GBX 645 ($8.68).

Shares of Vesuvius (VSVS) traded down GBX 2 ($0.03) during trading on Monday, reaching GBX 547.50 ($7.37). 425,238 shares of the company’s stock were exchanged, compared to its average volume of 610,886. Vesuvius has a twelve month low of GBX 390.80 ($5.26) and a twelve month high of GBX 633 ($8.52).

In other news, insider Guy Young sold 8,557 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of GBX 592 ($7.97), for a total value of £50,657.44 ($68,179.60).

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Vesuvius 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.

Analyst Recommendations for Vesuvius (LON:VSVS)

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