Vesuvius (LON:VSVS) Sets New 12-Month High – Time to Buy?

Vesuvius plc (LON:VSVS)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as GBX 489.80 and last traded at GBX 489.80, with a volume of 9712 shares traded. The stock had previously closed at GBX 481.20.

Analyst Ratings Changes

VSVS has been the subject of a number of research reports. JPMorgan Chase & Co. boosted their price target on Vesuvius from GBX 340 to GBX 390 and gave the company a “neutral” rating in a report on Thursday, December 4th. Peel Hunt reaffirmed a “buy” rating and set a GBX 470 target price on shares of Vesuvius in a research report on Tuesday, November 11th. Jefferies Financial Group increased their price target on Vesuvius from GBX 500 to GBX 550 and gave the stock a “buy” rating in a research report on Wednesday, November 12th. Finally, Berenberg Bank raised their price target on Vesuvius from GBX 430 to GBX 460 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Vesuvius presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 467.50.

Vesuvius Stock Up 1.9%

The business has a 50 day moving average of GBX 435.80 and a two-hundred day moving average of GBX 395.43. The stock has a market capitalization of £1.20 billion, a PE ratio of 17.83, a PEG ratio of 0.57 and a beta of 1.20. The company has a debt-to-equity ratio of 41.62, a quick ratio of 1.20 and a current ratio of 1.57.

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.