Royal Bank Of Canada Issues Pessimistic Forecast for Valt Technology Services (LON:VALT) Stock Price

Valt Technology Services (LON:VALT) had its price objective cut by investment analysts at Royal Bank Of Canada from GBX 7,300 to GBX 7,200 in a report released on Monday,Digital Look reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 42.72% from the company’s current price.

Separately, Berenberg Bank boosted their target price on shares of Valt Technology Services from GBX 6,400 to GBX 7,100 and gave the company a “buy” rating in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 7,350.

Valt Technology Services Price Performance

LON VALT opened at GBX 5,045 on Monday. Valt Technology Services has a 12 month low of GBX 3,300 and a 12 month high of GBX 8,800. The company has a 50-day moving average of GBX 5,520.90 and a 200-day moving average of GBX 6,356.33. The company has a market cap of £13.32 billion and a P/E ratio of 0.86.

Valt Technology Services Company Profile

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.