Vesuvius Plc (VSVS) Given Consensus Recommendation of “Buy” by Brokerages
Vesuvius Plc (LON:VSVS) has earned an average rating of “Buy” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 633.75 ($8.36).
Several equities analysts recently commented on the stock. Peel Hunt reaffirmed a “buy” rating and issued a GBX 740 ($9.77) price objective on shares of Vesuvius Plc in a research report on Tuesday. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 710 ($9.37) price objective (up from GBX 620 ($8.18)) on shares of Vesuvius Plc in a research report on Monday, July 24th. Deutsche Bank AG reaffirmed a “hold” rating on shares of Vesuvius Plc in a research report on Monday, July 10th. BNP Paribas raised shares of Vesuvius Plc to an “outperform” rating and set a GBX 675 ($8.91) price objective for the company in a research report on Tuesday, July 18th. Finally, HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 600 ($7.92) price objective on shares of Vesuvius Plc in a research report on Friday, September 29th.
Vesuvius Plc Company Profile
Vesuvius plc provides engineering services and solutions to steel and foundry industries worldwide. It operates in two segments, Steel and Foundry. The company offers foundry consumables and equipment, including binders, melt shop refractories, coatings, filtration and gating systems, metallurgical and pouring control systems, feeding systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for iron, steel, and nonferrous foundries.
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