Berenberg Bank Boosts Valt Technology Services (LON:VALT) Price Target to GBX 7,500

Valt Technology Services (LON:VALT) had its price objective lifted by Berenberg Bank from GBX 7,100 to GBX 7,500 in a research note issued on Monday, Marketbeat reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 48.66% from the stock’s previous close.

Separately, Royal Bank Of Canada cut their price objective on shares of Valt Technology Services from GBX 7,300 to GBX 7,200 and set an “outperform” rating for the company in a research report on Monday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 7,350.

Valt Technology Services Price Performance

Shares of LON VALT opened at GBX 5,045 on Monday. The stock has a fifty day moving average price of GBX 5,520.90 and a 200 day moving average price of GBX 6,356.33. Valt Technology Services has a 1-year low of GBX 3,300 and a 1-year high of GBX 8,800. The company has a market cap of £13.32 billion and a PE 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.