Vesuvius (LON:VSVS) Given Hold Rating at Deutsche Bank Aktiengesellschaft

Vesuvius (LON:VSVS)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Friday, October 9th, Digital Look reports. They currently have a GBX 440 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential downside of 5.38% from the company’s current price.

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

Vesuvius Trading Up 1.0%

Shares of VSVS traded up GBX 4.40 during mid-day trading on Friday, reaching GBX 465. 360,741 shares of the company’s stock traded hands, compared to its average volume of 1,390,889. The stock’s 50-day moving average is GBX 401.14 and its two-hundred day moving average is GBX 425.98. Vesuvius has a 12 month low of GBX 350 and a 12 month high of GBX 507.50. The company has a debt-to-equity ratio of 56.90, a current ratio of 2.05 and a quick ratio of 1.20. The stock has a market cap of £1.14 billion, a P/E ratio of 30.19, a P/E/G ratio of 0.57 and a beta of 1.13.

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

Insider Buying and Selling at Vesuvius

In other news, insider Mark Collis sold 5,306 shares of the firm’s 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. Also, insider Patrick André sold 55,936 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of GBX 368, for a total value of £205,844.48. Company 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.