Berenberg Bank Forecasts Strong Price Appreciation for Vesuvius (LON:VSVS) Stock

Vesuvius (LON:VSVS - Get Free Report) had its price target boosted by equities research analysts at Berenberg Bank from GBX 530 ($6.76) to GBX 580 ($7.40) in a research note issued on Tuesday, MarketBeat Ratings reports. The brokerage currently has a "buy" rating on the stock. Berenberg Bank's price objective would suggest a potential upside of 31.82% from the stock's previous close.

Vesuvius Stock Down 0.3 %

VSVS stock traded down GBX 1.50 ($0.02) during mid-day trading on Tuesday, reaching GBX 440 ($5.61). 522,851 shares of the company traded hands, compared to its average volume of 402,391. The company has a quick ratio of 1.20, a current ratio of 1.57 and a debt-to-equity ratio of 39.26. The firm's 50 day moving average price is GBX 388.96 and its 200 day moving average price is GBX 421.35. The stock has a market cap of £1.15 billion, a price-to-earnings ratio of 1,128.21, a P/E/G ratio of 0.57 and a beta of 1.20. Vesuvius has a fifty-two week low of GBX 349 ($4.45) and a fifty-two week high of GBX 509 ($6.49).

About Vesuvius

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.