Deutsche Bank Aktiengesellschaft Reaffirms “Hold” Rating for Vesuvius (LON:VSVS)

Vesuvius (LON:VSVS)‘s stock had its “hold” rating reaffirmed by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, Digital Look reports. They currently have a GBX 440 target price on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential downside of 5.82% from the stock’s previous close.

Other equities analysts also recently issued research reports about the stock. Jefferies Financial Group lowered their target price on shares of Vesuvius from GBX 520 to GBX 480 and set a “buy” rating for the company in a research note on Tuesday, August 18th. JPMorgan Chase & Co. dropped their target price on shares of Vesuvius from GBX 440 to GBX 400 and set a “neutral” rating on the stock in a report on Friday, July 31st. Berenberg Bank upped their price target on shares of Vesuvius from GBX 450 to GBX 550 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 525 price target on shares of Vesuvius in a research report on Monday, July 27th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 479.

Vesuvius Stock Up 0.1%

Vesuvius stock opened at GBX 467.20 on Friday. The company has a debt-to-equity ratio of 56.90, a quick ratio of 1.20 and a current ratio of 2.05. Vesuvius has a 52-week low of GBX 350 and a 52-week high of GBX 507.50. The firm has a 50 day moving average price of GBX 394.74 and a two-hundred day moving average price of GBX 424.25. The firm has a market cap of £1.15 billion, a price-to-earnings ratio of 30.34, a PEG ratio of 0.57 and a beta of 1.13.

Vesuvius (LON:VSVS) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX 16.30 earnings per share (EPS) for the quarter. Vesuvius had a net margin of 2.09% and a return on equity of 3.36%. Equities analysts predict that Vesuvius will post 51.39 EPS for the current year.

Insider Buying and Selling

In other Vesuvius news, insider Patrick André sold 55,936 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of GBX 368, for a total value of £205,844.48. Also, insider Mark Collis sold 5,306 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of GBX 377, for a total value of £20,003.62. Insiders own 25.00% of the company’s stock.

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.