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

Valt Technology Services (LON:VALT) had its price target raised by Berenberg Bank from GBX 7,100 to GBX 7,500 in a research report released on Monday, Marketbeat reports. They currently have a buy rating on the stock.

Separately, Royal Bank Of Canada reduced their price target 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. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Valt Technology Services has an average rating of “Buy” and an average price target of GBX 7,350.

Valt Technology Services Trading Down 0.7%

LON VALT opened at GBX 4,862 on Monday. The business’s 50 day moving average is GBX 5,551.70 and its two-hundred day moving average is GBX 6,364.60. Valt Technology Services has a 12-month low of GBX 3,300 and a 12-month high of GBX 8,800. The stock has a market capitalization of £12.83 billion and a price-to-earnings ratio of 0.83.

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.