Berenberg Bank Forecasts Strong Price Appreciation for Valt Technology Services (LON:VALT) Stock

Valt Technology Services (LON:VALT) had its price objective lifted by analysts at Berenberg Bank from GBX 6,400 to GBX 7,100 in a report released on Thursday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 26.45% from the stock’s current price.

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 6,500 price objective on shares of Valt Technology Services in a research report on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Valt Technology Services presently has an average rating of “Buy” and a consensus target price of GBX 6,800.

Valt Technology Services Stock Performance

LON:VALT opened at GBX 5,615 on Thursday. Valt Technology Services has a fifty-two week low of GBX 2,910 and a fifty-two week high of GBX 8,800. The stock has a market capitalization of £14.82 billion and a P/E ratio of 0.96. The company’s 50-day simple moving average is GBX 6,230.61 and its 200-day simple moving average is GBX 6,485.30.

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.