Valt Technology Services (LON:VALT) Price Target Raised to GBX 7,700

Valt Technology Services (LON:VALT) had its price objective hoisted by stock analysts at Berenberg Bank from GBX 7,500 to GBX 7,700 in a note issued to investors on Thursday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 46.39% from the stock’s current price.

Separately, Royal Bank Of Canada cut their price objective on Valt Technology Services from GBX 7,300 to GBX 7,200 and set an “outperform” rating for the company in a report on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 7,450.

Valt Technology Services Stock Up 1.4%

VALT opened at GBX 5,260 on Thursday. The stock has a market cap of £13.88 billion and a PE ratio of 0.90. Valt Technology Services has a 52 week low of GBX 3,300 and a 52 week high of GBX 8,800. The business’s fifty day simple moving average is GBX 5,378.84 and its 200 day simple moving average is GBX 6,295.81.

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.