Vesuvius (LON:VSVS) Hits New 1-Year High – Should You Buy?

Vesuvius plc (LON:VSVS) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 473.80 and last traded at GBX 462.32, with a volume of 582778 shares changing hands. The stock had previously closed at GBX 435.60.

Analyst Ratings Changes

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

Vesuvius Trading Up 7.4%

The company has a current ratio of 1.57, a quick ratio of 1.20 and a debt-to-equity ratio of 41.62. The firm has a market cap of £1.14 billion, a PE ratio of 17.02, a P/E/G ratio of 0.57 and a beta of 1.20. The business has a fifty day moving average price of GBX 395.10 and a 200 day moving average price of GBX 380.25.

Vesuvius Company Profile

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.