Berenberg Bank Issues Positive Forecast for Molten Ventures VCT (LON:MVCT) Stock Price

Molten Ventures VCT (LON:MVCT) had its target price upped by stock analysts at Berenberg Bank from GBX 645 to GBX 790 in a report released on Tuesday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock.

Molten Ventures VCT Price Performance

LON:MVCT opened at GBX 38.80 on Tuesday. The business’s 50-day simple moving average is GBX 37.88 and its two-hundred day simple moving average is GBX 38.24. The stock has a market cap of £122.77 million, a PE ratio of -64.67 and a beta of 0.10. Molten Ventures VCT has a 52 week low of GBX 28 and a 52 week high of GBX 41.

About Molten Ventures VCT

Draper Esprit VCT plc is a venture capital fund manager. It is a Venture Capital Trust. It specializes in directly investing. It specializes in early venture, mid venture, and late venture. The fund prefers investing in growth capital. It invests in health care and software and services. The fund seeks to invest in United Kingdom.