Royal Bank Of Canada Lowers Valt Technology Services (LON:VALT) Price Target to GBX 7,200

Valt Technology Services (LON:VALT) had its price target cut by investment analysts at Royal Bank Of Canada from GBX 7,300 to GBX 7,200 in a report issued on Monday,Digital Look reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 45.93% from the company’s current price.

Separately, Berenberg Bank upped their target price on shares of Valt Technology Services from GBX 6,400 to GBX 7,100 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, Valt Technology Services currently has an average rating of “Buy” and an average target price of GBX 7,150.

Valt Technology Services Stock Performance

Valt Technology Services stock opened at GBX 4,934 on Monday. Valt Technology Services has a one year low of GBX 3,300 and a one year high of GBX 8,800. The company has a 50-day simple moving average of GBX 5,587.66 and a 200-day simple moving average of GBX 6,375.58. The firm has a market capitalization of £13.02 billion and a P/E ratio of 0.84.

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.