Vesuvius (LON:VSVS) Stock Rating Reaffirmed as Hold by Deutsche Bank Aktiengesellschaft

Vesuvius (LON:VSVS)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday, Digital Look reports. They currently have a GBX 440 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential downside of 5.74% from the stock’s current price.

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

Vesuvius Stock Up 3.1%

LON:VSVS traded up GBX 14.20 on Friday, reaching GBX 466.80. 949,035 shares of the stock traded hands, compared to its average volume of 1,397,592. The company has a current ratio of 2.05, a quick ratio of 1.20 and a debt-to-equity ratio of 56.90. The company has a market capitalization of £1.15 billion, a price-to-earnings ratio of 30.31, a PEG ratio of 0.57 and a beta of 1.13. Vesuvius has a 12 month low of GBX 350 and a 12 month high of GBX 507.50. The company’s fifty day simple moving average is GBX 394.74 and its 200 day simple moving average is GBX 424.09.

Vesuvius (LON:VSVS) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 16.30 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 fiscal year.

Insider Buying and Selling

In related news, insider Patrick André sold 55,936 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were 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 on Friday, September 4th. The shares were sold at an average price of GBX 377, for a total transaction of £20,003.62. 25.00% of the stock is owned by corporate insiders.

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.