Vesuvius (LON:VSVS) Hits New 12-Month High – Should You Buy?

Vesuvius plc (LON:VSVS) shares reached a new 52-week high during trading on Friday . The company traded as high as GBX 489.80 and last traded at GBX 489.80, with a volume of 9712 shares trading hands. The stock had previously closed at GBX 481.20.

Wall Street Analyst Weigh In

VSVS has been the subject of several research reports. Jefferies Financial Group increased their price target on shares of Vesuvius from GBX 500 to GBX 550 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Berenberg Bank upped their price objective on Vesuvius from GBX 430 to GBX 460 and gave the company a “buy” rating in a research report on Tuesday, November 11th. JPMorgan Chase & Co. lifted their price target on shares of Vesuvius from GBX 340 to GBX 390 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 470 price objective on shares of Vesuvius in a research report on Tuesday, November 11th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 467.50.

Vesuvius Trading Up 1.7%

The company has a market capitalization of £1.20 billion, a PE ratio of 17.80, a PEG ratio of 0.57 and a beta of 1.20. The stock has a fifty day moving average of GBX 433.72 and a 200 day moving average of GBX 394.18. The company has a debt-to-equity ratio of 41.62, a quick ratio of 1.20 and a current ratio of 1.57.

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.