JPMorgan Chase & Co. Lowers Vesuvius (LON:VSVS) Price Target to GBX 340

Vesuvius (LON:VSVS) had its price objective lowered by stock analysts at JPMorgan Chase & Co. from GBX 350 to GBX 340 in a research note issued to investors on Wednesday, MarketBeat.com reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential downside of 12.33% from the company’s current price.

Several other brokerages also recently issued reports on VSVS. Peel Hunt reiterated a “buy” rating and issued a GBX 470 target price on shares of Vesuvius in a research note on Tuesday. Berenberg Bank raised their price objective on Vesuvius from GBX 430 to GBX 460 and gave the company a “buy” rating in a research report on Tuesday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 455.

Vesuvius Price Performance

Shares of VSVS stock opened at GBX 387.80 on Wednesday. The firm has a market cap of £947.47 million, a price-to-earnings ratio of 14.10, a P/E/G ratio of 0.57 and a beta of 1.20. Vesuvius has a one year low of GBX 310.80 and a one year high of GBX 445.50. The stock’s fifty day simple moving average is GBX 374.79 and its 200 day simple moving average is GBX 370.29. The company has a debt-to-equity ratio of 41.62, a current ratio of 1.57 and a quick ratio of 1.20.

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.