Vesuvius, the Basic Materials sector company, was revisited by a Wall Street analyst today. Analyst Andrew Douglas from Jefferies reiterated a Buy rating on the stock and has a p500.00 price target.
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Andrew Douglas has given his Buy rating due to a combination of factors that highlight Vesuvius’s robust performance in the third quarter of 2025. Despite the challenges posed by mixed end markets in Steel and Foundry, the company’s trading update shows that sales and volumes were largely in line with expectations. Pricing improvements have been effective in offsetting inflation, and the company has continued to gain market share, which supports a positive outlook.
While there are some inefficiencies in the Foundry division that have impacted the cost-saving plan, these are not expected to persist into the next year. The company’s cash management remains strong, and although there might be minor downgrades in trading profit consensus, the current stock price already accounts for these risks. Additionally, there are potential positive developments anticipated in the Steel markets in the latter half of 2026, which further justifies the Buy rating.
According to TipRanks, Douglas is a 4-star analyst with an average return of 5.2% and a 57.58% success rate. Douglas covers the Industrials sector, focusing on stocks such as Severfield, IMI plc, and Senior plc.