Valt Technology Services (LON:VALT) Price Target Cut to GBX 7,300 by Analysts at Berenberg Bank

Valt Technology Services (LON:VALT) had its price target reduced by equities researchers at Berenberg Bank from GBX 7,400 to GBX 7,300 in a research note issued on Monday, Digital Look reports. The firm currently has a “buy” rating on the stock. Berenberg Bank‘s price objective suggests a potential upside of 40.12% from the stock’s previous close.

Separately, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 7,200 price target on shares of Valt Technology Services in a report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 7,250.

Valt Technology Services Price Performance

VALT opened at GBX 5,210 on Monday. The firm has a market capitalization of £13.75 billion and a price-to-earnings ratio of 0.38. The company’s 50 day simple moving average is GBX 6,140.89 and its two-hundred day simple moving average is GBX 5,957.33. Valt Technology Services has a 1-year low of GBX 4,250 and a 1-year high of GBX 8,800.

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.