Valt Technology Services (LON:VALT) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Valt Technology Services (LON:VALT) had its price target lifted by equities researchers at Berenberg Bank from GBX 7,500 to GBX 7,700 in a research report issued on Thursday,Digital Look reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 46.39% from the stock’s previous close.

Separately, Royal Bank Of Canada decreased their target price 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, July 20th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Valt Technology Services currently has a consensus rating of “Buy” and an average target price of GBX 7,450.

Valt Technology Services Price Performance

VALT opened at GBX 5,260 on Thursday. The stock’s 50 day simple moving average is GBX 5,378.84 and its 200 day simple moving average is GBX 6,295.81. The firm has a market cap of £13.88 billion and a price-to-earnings ratio of 0.90. Valt Technology Services has a 1 year low of GBX 3,300 and a 1 year 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.