Vesuvius PLC 36.0% potential upside indicated by Berenberg Bank

Vesuvius PLC with ticker (LON:VSVS) now has a potential upside of 36.0% according to Berenberg Bank.

VSVS.L

Berenberg Bank set a target price of 530 GBX for the company, which when compared to the Vesuvius PLC share price of 390 GBX at opening today (06/09/2024) indicates a potential upside of 36.0%. Trading has ranged between 387 (52 week low) and 509 (52 week high) with an average of 396,745 shares exchanging hands daily. The market capitalisation at the time of writing is £1,023,341,739.

Vesuvius plc is a United Kingdom-based company, which is engaged in molten metal flow engineering and technology. The Company’s segments include Steel and Foundry. The Steel Division operates as four business lines, Steel Flow Control, Advanced Refractories, Foundry, and Steel Sensors & Probes. The Steel Flow Control unit supplies the global steel industry with consumable ceramic products, systems, robotics, digital services, and technical services. Steel Advanced Refractories unit provides solutions to its customers, including specialist refractory materials, advanced installation technologies (including robots) and lasers. Steel Sensors & Probes offers temperature sensors, oxygen, hydrogen and sublance probes, iron oxide and metal sampling for the steel, aluminum, and foundry industries. Foundry Division is developing new filtration, feeding, mold coating and molten metal treatment products to support the manufacture of lighter-weight, higher-performance metals, and components.