Vesuvius’ (VSVS) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Vesuvius (LON:VSVS) in a research note released on Thursday.

A number of other brokerages also recently weighed in on VSVS. Deutsche Bank lifted their price target on Vesuvius from GBX 605 ($7.88) to GBX 665 ($8.66) and gave the company a hold rating in a report on Tuesday, July 31st. Numis Securities reiterated a buy rating on shares of Vesuvius in a report on Thursday, July 26th. Finally, Jefferies Financial Group lifted their price target on Vesuvius from GBX 725 ($9.44) to GBX 740 ($9.64) and gave the company a buy rating in a report on Thursday, July 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 688.33 ($8.97).

Shares of VSVS stock opened at GBX 602.50 ($7.85) on Thursday. Vesuvius has a 1-year low of GBX 503.50 ($6.56) and a 1-year high of GBX 643.50 ($8.38).

Vesuvius (LON:VSVS) last issued its quarterly earnings results on Thursday, July 26th. The company reported GBX 25.40 ($0.33) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 24.70 ($0.32) by GBX 0.70 ($0.01).

The company also recently announced a dividend, which will be paid on Friday, September 21st. Shareholders of record on Thursday, August 9th will be paid a GBX 6 ($0.08) dividend. The ex-dividend date is Thursday, August 9th. This represents a yield of 0.95%.

About Vesuvius

Vesuvius plc provides engineering services and solutions principally 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 the iron, steel, and nonferrous foundries.

See Also: Outstanding Shares and The Effect on Share Price

Analyst Recommendations for Vesuvius (LON:VSVS)

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