Berenberg starts coverage of $VALT.L Valterra Platinum with Sell rating, GBP 26 target—trading @ GBP 30. Notes weak balance sheet after recent large special divvy, weak FCF generation, expensive valuation vs. peers, and overhang from Anglo’s 19.9% stake. https://bit.ly/3FYIqdU https://bit.ly/44ee3Ip

Berenberg starts coverage of $VALT.L Valterra Platinum with Sell rating, GBP 26 target—trading @ GBP 30. Notes weak balance sheet after recent large special divvy, weak FCF generation, expensive valuation vs. peers, and overhang from Anglo’s 19.9% stake. https://bit.ly/3FYIqdU https://bit.ly/44ee3Ip

— MasterMetals (@MasterMetals) Jun 20, 2025

From MasterMetals
June 20, 2025 at 04:40PM
https://twitter.com/MasterMetals/status/1936071680587403686