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

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

Molten Ventures VCT Stock Performance

Shares of MVCT opened at GBX 38.80 on Tuesday. The business’s fifty day simple moving average is GBX 37.88 and its two-hundred day simple moving average is GBX 38.24. Molten Ventures VCT has a 12 month low of GBX 28 and a 12 month high of GBX 41. The company has a market cap of £122.77 million, a price-to-earnings ratio of -64.67 and a beta of 0.10.

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.