Sylvania Platinum (LON:SLP) Given New GBX 162 Price Target at Berenberg Bank

Sylvania Platinum (LON:SLP – Free Report) had its target price cut by Berenberg Bank from GBX 174 to GBX 162 in a research note published on Friday morning,Digital Look reports. They currently have a buy rating on the stock.

Separately, Royal Bank Of Canada restated an “outperform” rating and set a GBX 175 price target on shares of Sylvania Platinum in a research note on Thursday, June 4th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 168.50.

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Sylvania Platinum Price Performance

Shares of SLP opened at GBX 73.70 on Friday. Sylvania Platinum has a 12-month low of GBX 66.55 and a 12-month high of GBX 130. The business’s fifty day moving average is GBX 88.23 and its 200 day moving average is GBX 99.75. The company has a quick ratio of 15.92, a current ratio of 5.30 and a debt-to-equity ratio of 0.36. The stock has a market cap of £190.75 million, a P/E ratio of 5.29, a P/E/G ratio of 0.05 and a beta of 1.76.

About Sylvania Platinum

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Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange’s Alternative Investment Market (AIM: SLP).

Sylvania is a mid-tier, lower unit cost Platinum Group Metal (PGM)minerals reprocessing and development Company. Our operational arm, Sylvania Dump Operations (SDO), has six chrome beneficiation and PGM processing plants in the Eastern and Western limb of the Bushveld Igneous Complex (BIC).

A pioneer in chrome tailings reprocessing, Sylvania treats a combination of current and historical chrome tailings at our host mine sites.

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