Vesuvius (VSVS)

Sector:

Engineering

Index:

FTSE 250

 478.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 504.00
  • 52 Week Low: 390.80
  • Currency: UK Pounds
  • Shares Issued: 264.77m
  • Volume: 0
  • Market Cap: £1,265.62m

UBS upgrades Vesuvius from 'sell' to 'buy'

Date: Tuesday 16 Sep 2014

LONDON (ShareCast) - UBS has given molten metal flow engineering firm Vesuvius a double upgrade, raising its rating on the stock by two notches from 'sell' to 'buy' and lifting its forecasts above consensus.
The bank said that the positive stance is based on: "1) confidence that self-help can deliver further margin improvement […]; and 2) a more positive outlook for European steel production (not due to stronger consumption, but rather protectionism supporting the industry)."

After revising its earnings per share (EPS) forecasts, it now sits 9% above consensus for 2015 and 13% above for 2016.

UBS has hiked its target price for the shares from 420p to 560p.

The stock was 2.5% higher at 472p by 11:26 on Tuesday.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Vesuvius Market Data

Currency UK Pounds
Share Price 478.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 504.00
52 Week Low 390.80
Volume 0
Shares Issued 264.77m
Market Cap £1,265.62m

Vesuvius Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.02% above the market average81.02% above the market average81.02% above the market average81.02% above the market average81.02% above the market average
87.50% above the sector average87.50% above the sector average87.50% above the sector average87.50% above the sector average87.50% above the sector average
Price Trend
47.35% above the market average47.35% above the market average47.35% above the market average47.35% above the market average47.35% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average
Income
79.92% above the market average79.92% above the market average79.92% above the market average79.92% above the market average79.92% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
47.79% below the market average47.79% below the market average47.79% below the market average47.79% below the market average47.79% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 3
Sell 1
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Vesuvius Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 03-Aug-23
Paid 31-May-24 15-Sep-23
Amount 16.20p 6.80p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Vesuvius Key Personnel

CEO Patrick André

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