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

Valt Technology Services (LON:VALT) had its price target cut by Royal Bank Of Canada from GBX 7,300 to GBX 7,200 in a research report sent to investors on Monday,Digital Look reports. They currently have an outperform rating on the stock.

Separately, Berenberg Bank raised their target price on Valt Technology Services from GBX 6,400 to GBX 7,100 and gave the company a “buy” rating in a report on Thursday, June 18th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of GBX 7,350.

Valt Technology Services Stock Performance

VALT stock opened at GBX 5,290 on Monday. Valt Technology Services has a fifty-two week low of GBX 3,300 and a fifty-two week high of GBX 8,800. The stock’s 50 day simple moving average is GBX 5,491 and its 200 day simple moving average is GBX 6,349.78. The company has a market cap of £13.96 billion and a P/E ratio of 0.91.

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.