Jefferies Group Reiterates “Buy” Rating for Vesuvius (VSVS)

Vesuvius (LON:VSVS)‘s stock had its “buy” rating restated by stock analysts at Jefferies Group in a research note issued on Monday.

Other equities research analysts also recently issued reports about the company. Peel Hunt reiterated a “buy” rating and issued a GBX 740 ($9.96) price objective on shares of Vesuvius in a report on Tuesday, October 31st. Deutsche Bank lifted their price objective on Vesuvius from GBX 550 ($7.40) to GBX 605 ($8.14) and gave the stock a “hold” rating in a report on Monday, December 4th. reiterated a “buy” rating and issued a GBX 730 ($9.83) price objective on shares of Vesuvius in a report on Tuesday, November 14th. J P Morgan Chase & Co reiterated an “overweight” rating on shares of Vesuvius in a report on Friday, December 8th. Finally, Numis Securities reiterated a “buy” rating and issued a GBX 700 ($9.42) price objective on shares of Vesuvius in a report on Tuesday, December 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. Vesuvius presently has a consensus rating of “Buy” and a consensus target price of GBX 645 ($8.68).

Shares of Vesuvius (VSVS) opened at GBX 565 ($7.60) on Monday. Vesuvius has a twelve month low of GBX 390.80 ($5.26) and a twelve month high of GBX 643.50 ($8.66).

In other news, insider Guy Young purchased 5,454 shares of the business’s stock in a transaction on Friday, December 1st. The stock was acquired at an average cost of GBX 550 ($7.40) per share, for a total transaction of £29,997 ($40,372.81).

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About Vesuvius

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.

Analyst Recommendations for Vesuvius (LON:VSVS)

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