Vesuvius (LON:VSVS) Earns Hold Rating from Deutsche Bank Aktiengesellschaft

Vesuvius (LON:VSVS)‘s stock had its “hold” rating reissued by equities researchers at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Friday, Digital Look reports. They presently have a GBX 440 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential downside of 5.74% from the stock’s current price.

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

Vesuvius Stock Up 3.1%

VSVS stock traded up GBX 14.20 during trading on Friday, reaching GBX 466.80. 949,035 shares of the stock were exchanged, compared to its average volume of 1,397,592. The firm has a market cap of £1.15 billion, a P/E ratio of 30.31, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13. Vesuvius has a twelve month low of GBX 350 and a twelve month high of GBX 507.50. The firm’s 50 day moving average is GBX 394.74 and its 200 day moving average is GBX 424.09. The company has a current ratio of 2.05, a quick ratio of 1.20 and a debt-to-equity ratio of 56.90.

Vesuvius (LON:VSVS) last posted 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%. As a group, research analysts forecast that Vesuvius will post 51.39 EPS for the current year.

Insider Buying and Selling at Vesuvius

In other news, insider Patrick André sold 55,936 shares of the company’s stock in a transaction dated 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 Vesuvius stock in a transaction 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.

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.