Berenberg Bank Issues Positive Forecast for Valt Technology Services (LON:VALT) Stock Price

Valt Technology Services (LON:VALT) had its target price hoisted by equities researchers at Berenberg Bank from GBX 7,100 to GBX 7,500 in a research report issued to clients and investors on Monday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 54.21% from the stock’s previous close.

Separately, Royal Bank Of Canada dropped their price target on shares of Valt Technology Services from GBX 7,300 to GBX 7,200 and set an “outperform” rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Valt Technology Services presently has a consensus rating of “Buy” and an average price target of GBX 7,350.

Valt Technology Services Stock Performance

VALT stock opened at GBX 4,863.61 on Monday. The stock has a market cap of £12.84 billion and a P/E ratio of 0.83. The firm has a 50 day simple moving average of GBX 5,587.66 and a 200 day simple moving average of GBX 6,375.58. Valt Technology Services has a 52 week low of GBX 3,300 and a 52 week high of GBX 8,800.

About Valt Technology Services

Valterra Platinum is one of the world’s leading integrated producers of platinum group metals (PGMs) with a primary listing on the Johannesburg Stock Exchange and a secondary listing on the London Stock Exchange. We operate world class, long-life mines and the industry’s most efficient processing assets, safely and responsibly mining, smelting, and refining PGMs and associated co-products from operations located in South Africa and Zimbabwe. With integrated marketing hubs in London, Singapore and Shanghai, we deliver tailored solutions for our customers.