JPMorgan Chase & Co. Reaffirms Neutral Rating for Vesuvius (LON:VSVS)

Vesuvius (LON:VSVS)‘s stock had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co. in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 490 ($6.20) price objective on the stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 5.95% from the stock’s current price.

Separately, Berenberg Bank increased their price target on Vesuvius from GBX 480 ($6.07) to GBX 580 ($7.34) and gave the stock a “buy” rating in a research note on Tuesday, March 5th.

Vesuvius Stock Performance

Shares of LON:VSVS traded up GBX 4 ($0.05) on Wednesday, hitting GBX 462.50 ($5.85). The company’s stock had a trading volume of 307,262 shares, compared to its average volume of 338,034. Vesuvius has a 12 month low of GBX 387 ($4.90) and a 12 month high of GBX 509 ($6.44). The company has a market capitalization of £1.23 billion, a price-to-earnings ratio of 1,050.00, a price-to-earnings-growth ratio of 0.57 and a beta of 1.29. The stock’s 50-day moving average is GBX 482.55 and its two-hundred day moving average is GBX 482.03. The company has a debt-to-equity ratio of 30.47, a quick ratio of 1.20 and a current ratio of 1.95.

Vesuvius Company Profile

Vesuvius plc provides molten metal flow engineering and technology services to steel and foundry casting industries worldwide. It operates through Flow Control, Sensor & Probes, and Advanced Refractories segments. The company provides consumables and equipment, which includes binders, coatings, feeding systems, filtration and gating systems, melt shop refractories, metallurgical and pouring control systems, die dressings and coatings, melt treatment products, crucibles, and ceramics for the iron, steel, and nonferrous foundries.