Sylvania Platinum (LON:SLP) Price Target Lowered to GBX 93 at Berenberg Bank

Sylvania Platinum (LON:SLP) had its price objective decreased by equities research analysts at Berenberg Bank from GBX 97 ($1.32) to GBX 93 ($1.27) in a research note issued on Wednesday, Marketbeat.com reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 32.86% from the company’s previous close.

Sylvania Platinum Price Performance

SLP opened at GBX 70 ($0.96) on Wednesday. The company has a quick ratio of 15.92, a current ratio of 9.94 and a debt-to-equity ratio of 0.35. Sylvania Platinum has a 52-week low of GBX 39 ($0.53) and a 52-week high of GBX 73 ($1.00). The company has a 50 day moving average of GBX 58.80 and a two-hundred day moving average of GBX 50.93. The company has a market cap of £225.91 million, a P/E ratio of 32.80, a P/E/G ratio of 0.05 and a beta of 0.38.

About Sylvania Platinum

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).