Molten Ventures (LON:GROW) Price Target Raised to GBX 724 at Deutsche Bank Aktiengesellschaft

Molten Ventures (LON:GROW) had its price objective upped by analysts at Deutsche Bank Aktiengesellschaft from GBX 719 to GBX 724 in a note issued to investors on Tuesday,London Stock Exchange reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 58.84% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 580 price target on shares of Molten Ventures in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 652.

Molten Ventures Trading Up 3.0%

LON:GROW traded up GBX 13.20 on Tuesday, hitting GBX 455.80. The stock had a trading volume of 462,155 shares, compared to its average volume of 1,087,430. The company has a fifty day moving average price of GBX 416.63 and a two-hundred day moving average price of GBX 363.09. Molten Ventures has a 1-year low of GBX 215.60 and a 1-year high of GBX 498.40. The company has a quick ratio of 4.37, a current ratio of 197.67 and a debt-to-equity ratio of 7.15. The stock has a market cap of £801.16 million, a price-to-earnings ratio of -1,139.50 and a beta of 1.25.

Molten Ventures (LON:GROW) last released its quarterly earnings data on Tuesday, November 25th. The company reported GBX 42 EPS for the quarter. Molten Ventures had a negative return on equity of 3.42% and a negative net margin of 369.09%. Equities research analysts expect that Molten Ventures will post 36.9209809 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Molten Ventures news, insider Benjamin David Wilkinson bought 7,197 shares of Molten Ventures stock in a transaction that occurred on Wednesday, September 17th. The shares were purchased at an average cost of GBX 348 per share, for a total transaction of £25,045.56. Insiders acquired 14,686 shares of company stock valued at $5,110,728 in the last ninety days. Corporate insiders own 1.54% of the company’s stock.

About Molten Ventures

Molten Ventures is a leading British venture capital firm backing Europe’s highest-growth private technology companies.

Our expert investment team stay ahead of the curve, identifying transformative trends and next-generation companies before they break through. We combine multiple pools of capital to invest at all stages of the business lifecycle—from seed and early stage to growth and late stage—focusing on disruptive sectors like Spacetech, Fintech, and AI.