Valt Technology Services (LON:VALT) Price Target Raised to GBX 7,500

Valt Technology Services (LON:VALT) had its target price upped by Berenberg Bank from GBX 7,100 to GBX 7,500 in a report released on Monday morning, Marketbeat reports. Berenberg Bank currently has a buy rating on the stock.

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. Two equities research 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 a consensus target price of GBX 7,350.

Valt Technology Services Stock Up 4.9%

VALT stock opened at GBX 5,290 on Monday. The business’s 50-day moving average price is GBX 5,491 and its 200-day moving average price is GBX 6,349.78. The stock has a market cap of £13.96 billion and a P/E ratio of 0.91. Valt Technology Services has a twelve month low of GBX 3,300 and a twelve month 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.