Vesuvius plc (LON:VSVS) Given Consensus Recommendation of “Buy” by Analysts

Shares of Vesuvius plc (LON:VSVSGet Rating) have been given an average recommendation of “Buy” by the seven analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is GBX 507.50 ($6.34).

Several research firms recently issued reports on VSVS. Barclays downgraded shares of Vesuvius to an “underweight” rating and dropped their price target for the stock from GBX 485 ($6.06) to GBX 375 ($4.68) in a research note on Wednesday, March 30th. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 475 ($5.93) price target on shares of Vesuvius in a research note on Wednesday, April 13th.

Vesuvius stock opened at GBX 326.40 ($4.08) on Thursday. Vesuvius has a 12-month low of GBX 312.60 ($3.91) and a 12-month high of GBX 595 ($7.43). The company has a market capitalization of £885.24 million and a price-to-earnings ratio of 8.63. The company has a debt-to-equity ratio of 40.40, a current ratio of 1.76 and a quick ratio of 1.14. The firm’s fifty day moving average price is GBX 349.84 and its 200 day moving average price is GBX 416.18.

The business also recently announced a dividend, which will be paid on Friday, May 27th. Stockholders of record on Thursday, April 14th will be given a GBX 15 ($0.19) dividend. The ex-dividend date is Thursday, April 14th. This represents a dividend yield of 4.01%. This is an increase from Vesuvius’s previous dividend of $6.20. Vesuvius’s payout ratio is presently 0.55%.

In related news, insider Guy Young sold 8,962 shares of the business’s stock in a transaction dated Monday, March 14th. The shares were sold at an average price of GBX 395 ($4.93), for a total transaction of £35,399.90 ($44,222.24).

About Vesuvius (Get Rating)

Vesuvius plc provides engineering services and solutions principally to steel and foundry industries worldwide. It operates in two divisions, Steel and Foundry. The company offers foundry consumables and equipment, including binders, coatings, feeding systems, filtration and gating systems, melt shop refractories, metallurgical and pouring control systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for the iron, steel, and nonferrous foundries.

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Analyst Recommendations for Vesuvius (LON:VSVS)

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