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

Vesuvius (LON:VSVSFree Report) had its price objective raised by Berenberg Bank from GBX 530 ($6.77) to GBX 580 ($7.41) in a research note released on Tuesday morning,London Stock Exchange reports. Berenberg Bank currently has a buy rating on the stock.

Vesuvius Price Performance

Shares of Vesuvius stock opened at GBX 441.50 ($5.64) on Tuesday. The firm has a market cap of £1.15 billion, a PE ratio of 1,132.05, a price-to-earnings-growth ratio of 0.57 and a beta of 1.20. Vesuvius has a 12-month low of GBX 349 ($4.46) and a 12-month high of GBX 509 ($6.50). 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 company’s fifty day simple moving average is GBX 388 and its two-hundred day simple moving average is GBX 421.73.

Vesuvius Company Profile

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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.

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