Vesuvius (LON:VSVS) Price Target Lowered to GBX 400 at JPMorgan Chase & Co.

Vesuvius (LON:VSVS) had its price objective trimmed by JPMorgan Chase & Co. from GBX 440 to GBX 400 in a report published on Friday,Digital Look reports. The firm currently has a neutral rating on the stock.

Several other brokerages have also recently commented on VSVS. Peel Hunt reaffirmed a “buy” rating and set a GBX 525 target price on shares of Vesuvius in a report on Monday, July 27th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 520 price target on shares of Vesuvius in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 440 price target on shares of Vesuvius in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Vesuvius presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 469.

Vesuvius Price Performance

LON:VSVS opened at GBX 371 on Friday. Vesuvius has a 52 week low of GBX 346.60 and a 52 week high of GBX 507.50. The company has a debt-to-equity ratio of 56.90, a quick ratio of 1.20 and a current ratio of 2.05. The firm’s 50-day simple moving average is GBX 448.88 and its 200 day simple moving average is GBX 445.27. The firm has a market cap of £913.39 million, a price-to-earnings ratio of 17.75, a P/E/G ratio of 0.57 and a beta of 1.15.

Vesuvius (LON:VSVS) last posted its quarterly earnings data 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, sell-side analysts predict that Vesuvius will post 51.3945695 earnings per share for the current year.

Insiders Place Their Bets

In other Vesuvius news, insider Patrick André sold 55,936 shares of the stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of GBX 368, for a total transaction of £205,844.48. 24.96% of the stock is owned by corporate insiders.

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.