Royal Bank Of Canada Reiterates Outperform Rating for Valt Technology Services (LON:VALT)

Valt Technology Services (LON:VALT)‘s stock had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada in a report issued on Thursday, London Stock Exchange reports. They presently have a GBX 7,200 price objective on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 7.95% from the company’s previous close.

Separately, Berenberg Bank boosted their price target on shares of Valt Technology Services from GBX 7,500 to GBX 7,700 and gave the company a “buy” rating in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 7,450.

Valt Technology Services Stock Up 0.9%

LON VALT opened at GBX 6,670 on Thursday. The business’s fifty day simple moving average is GBX 5,880.52 and its 200-day simple moving average is GBX 6,160.16. Valt Technology Services has a 52 week low of GBX 4,000 and a 52 week high of GBX 8,800. The firm has a market cap of £17.61 billion and a PE ratio of 0.48.

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.