Vesuvius (LON:VSVS) Reaches New 12-Month High – Here’s Why

Vesuvius plc (LON:VSVS) reached a new 52-week high on Friday . The stock traded as high as GBX 439.20 and last traded at GBX 430.60, with a volume of 2817 shares. The stock had previously closed at GBX 431.

Wall Street Analysts Forecast Growth

VSVS has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their price objective on Vesuvius from GBX 340 to GBX 390 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Berenberg Bank increased their target price on shares of Vesuvius from GBX 430 to GBX 460 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Peel Hunt restated a “buy” rating and issued a GBX 470 price target on shares of Vesuvius in a research note on Tuesday, November 11th. Finally, Jefferies Financial Group upped their price objective on shares of Vesuvius from GBX 500 to GBX 550 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Three research 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 price target of GBX 467.50.

Vesuvius Price Performance

The firm has a market capitalization of £1.05 billion, a price-to-earnings ratio of 15.61, a PEG ratio of 0.57 and a beta of 1.20. The business’s fifty day simple moving average is GBX 392.24 and its 200 day simple moving average is GBX 379.61. The company has a debt-to-equity ratio of 41.62, a current ratio of 1.57 and a quick ratio of 1.20.

Vesuvius Company Profile

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.