# Vesuvius PLC 10.4% potential upside indicated by JP Morgan Cazenove

- Link: https://www.directorstalkinterviews.com/vesuvius-plc-10.4-potential-upside-indicated-by-jp-morgan-cazenove/4121133829
- Published: 2023-11-22T12:59:41+00:00
- Author: Charlotte Edwards

**Vesuvius PLC** with ticker (LON:VSVS) now has a potential upside of 10.4% according
to [JP Morgan](https://www.directorstalkinterviews.com/company/news/funds) Cazenove.

JP Morgan Cazenove set a target price of 470 GBX for the company, which when compared
to the Vesuvius PLC share price of 426 GBX at opening today (22/11/2023) indicates
a potential upside of 10.4%. Trading has ranged between 367 (52 week low) and 473(
52 week high) with an average of 335,553 shares exchanging hands daily. The market
capitalisation at the time of writing is £1,149,946,512.Vesuvius plc is engaged 
in molten metal flow engineering and technology, principally serving the steel and
foundry industries. The Company’s segments include Steel and Foundry. The Steel 
Division operates as three business lines, Steel Flow Control, Advanced Refractories
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.

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