Vesuvius Share Discussion Threads

[philanderer] 11/2/2022 11:52

Jefferies cuts Vesuvius price target to 705 (730) pence - 'buy'

[philanderer] 21/12/2021 10:57

Multiple growth drivers at Vesuvius, says Peel Hunt


There is plenty of opportunity at industrial engineer Vesuvius (VSVS) thanks to multiple factors working in its favour, according to Peel Hunt.

Analyst Harry Philips reiterated his ‘buy’ recommendation and increased the target price from 435p to 570p on the stock, which fell 0.9%, or 3.8p, to 426p on Monday.

‘The outlook for global steel demand ex-China continues to be positive heading into 2022 with a further underpin from low finished steel inventories in Europe and North America,’ he said.

‘Add in the recovery profile of global auto production expected to drive [the foundry division; in 2022 and Vesuvius is set for a good start to the year.’

Philips added: ‘The pricing model is robust and well proven, which gives us confidence in the ultimate delivery of the 12.5% operating margin albeit we do not currently have it reflected in our forecasts, so more opportunity.’


hxxps://citywire.com/funds-insider/news/expert-view-marks-and-spencer-hiscox-keywords-sig-and-vesuvius/a2375393?section=funds-insider&_ga=2.75673173.1961244594.1640083825-985641414.1640083825#i=6

[philanderer] 20/12/2021 10:41

JEFFERIES RAISES VESUVIUS PRICE TARGET TO 730 (725) PENCE - 'BUY

[philanderer] 12/11/2021 11:13

MORGAN STANLEY CUTS VESUVIUS PRICE TARGET TO 570 (590) PENCE - 'EQUAL-WEIGHT'

[philanderer] 11/11/2021 14:27

Vesuvius YTD revenue growth broadly in line with expectations

Engineering and technology firm Vesuvius said on Thursday price year-to-date revenue growth was broadly in line with internal expectations, leading the firm to forecast full-year group trading profits towards the lower end of analysts' projections range.


[...]

[salpara111] 11/11/2021 11:35

Personally I've never paid any attention to broker targets.
I remember reading a study a while back that looked at broker consensus targets for FTSE 250 stocks at the beginning of a particular year and found at the end of year that there was a NEGATIVE correlation between targets and outcomes!
Having said that, I maintain my view that if I see another more attractive proposition I will jump ship.

[philanderer] 11/11/2021 10:38

JPMORGAN CUTS VESUVIUS PRICE TARGET TO 503 (589) PENCE - 'NEUTRAL'

[philanderer] 11/11/2021 10:32

Good update and I'm happy to hold.

[salpara111] 11/11/2021 08:30

As a holder who is under water I'm not really sure what to do here.
Pros and cons in the update leaving a broadly neutral outlook.
I guess if I see another opportunity that looks more attractive I will sell but inclined to hold for the moment.

[philanderer] 09/11/2021 18:14

Trading update thursday

[philanderer] 02/11/2021 00:11

Striking Teamsters workers at Welland Vesuvius plant ‘looking for a little payback and appreciation’

[philanderer] 19/10/2021 11:22

1 million printed so far today.

[philanderer] 13/10/2021 14:07

Yes, this one today miles away from the previous one...

RBC CUTS VESUVIUS PRICE TARGET TO 540 (590) PENCE - 'SECTOR PERFORM'

[salpara111] 24/9/2021 09:54

I never see the point in these broker targets that are a country mile from the current share price As a holder around breakeven I would love nothing more than a 50% gain but it just seems ridiculous to me for a broker to have a target 50% above the current share price

[philanderer] 16/9/2021 11:06

JEFFERIES RAISES VESUVIUS PRICE TARGET TO 760 (685) PENCE - 'BUY'

[philanderer] 04/8/2021 15:49

xd tomorrow morning for the 6.2p dividend

[philanderer] 29/7/2021 15:10

Commenting after the company's latest results, analysts at Jefferies said the shares were "cheap", labelling Vesuvius's cash generation "impressive" and the organic growth and market share gains in Steel Flow Control and Foundry "particularly pleasing".

They also noted the investment in additional capacity in Flow Control and believed there was scope for mergers and acquisitions and special dividends.

Sharecast

[salpara111] 29/7/2021 12:51

Looks solid to me. Happy to hold for now.

[philanderer] 29/7/2021 12:18

JPMORGAN RAISES VESUVIUS PRICE TARGET TO 589 (587) PENCE - 'NEUTRAL'

[philanderer] 29/7/2021 10:23

Look ok to me.

[philanderer] 28/7/2021 15:13

And results tomorrow.

Do some people know something - from this recent selling ??

[philanderer] 28/7/2021 14:50

Testing that 200day again.

[philanderer] 21/6/2021 14:37

PTG, that's a good call.

Bit of a bounce in the last hour. Could just be a big seller(s) unloading recently.

[salpara111] 21/6/2021 14:35

Took my first stake this morning at 506.