Vesuvius (LON:VSVS) Sets New 52-Week High – What’s Next?

Shares of Vesuvius plc (LON:VSVS) reached a new 52-week high on Friday . The company traded as high as GBX 424 and last traded at GBX 416.40, with a volume of 543 shares trading hands. The stock had previously closed at GBX 421.20.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Peel Hunt restated a “buy” rating and issued a GBX 470 target price on shares of Vesuvius in a report on Tuesday, November 11th. Berenberg Bank boosted their target price on Vesuvius from GBX 430 to GBX 460 and gave the company a “buy” rating in a research report on Tuesday, November 11th. JPMorgan Chase & Co. upped their target price on Vesuvius from GBX 340 to GBX 390 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Finally, Jefferies Financial Group raised their price target on Vesuvius from GBX 500 to GBX 550 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 467.50.

Vesuvius Price Performance

The company has a debt-to-equity ratio of 41.62, a quick ratio of 1.20 and a current ratio of 1.57. The firm has a market capitalization of £1.03 billion, a P/E ratio of 15.36, a P/E/G ratio of 0.57 and a beta of 1.20. The stock’s 50 day simple moving average is GBX 386.26 and its 200 day simple moving average is GBX 377.94.

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.