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

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

Separately, Berenberg Bank raised their target price on shares of Vesuvius from GBX 480 ($6.07) to GBX 580 ($7.34) and gave the company a “buy” rating in a report on Tuesday, March 5th.

Vesuvius Price Performance

LON:VSVS traded up GBX 4 ($0.05) during mid-day trading on Wednesday, hitting GBX 462.50 ($5.85). 307,262 shares of the company’s stock traded hands, compared to its average volume of 338,034. The company has a debt-to-equity ratio of 30.47, a quick ratio of 1.20 and a current ratio of 1.95. The firm’s 50 day simple moving average is GBX 482.55 and its 200 day simple moving average is GBX 482.03. Vesuvius has a 1 year low of GBX 387 ($4.90) and a 1 year high of GBX 509 ($6.44). The company has a market cap of £1.23 billion, a PE ratio of 1,050.00, a price-to-earnings-growth ratio of 0.57 and a beta of 1.29.

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.