Over the next 12 months, shares of Molten Ventures are predicted to increase by 130%, according to one investment bank.
The analysts at Berenberg believe that the London-listed stock of the digital venture capital firm is a "unique" and "excellent" investment opportunity.
First, in line with its colleagues in the Goldman Sachs non-profitable technology index, Molten's shares declined by 65% last year. Nonetheless, despite a 20% recovery among its competitors, the stock has stayed unchanged this year.
In a note to customers on February 22, the investment bank's analysts, under the direction of Benjamin May, stated, "In our view, this does not make sense."
"We believe Molten's high-growth investment thesis is becoming increasingly unusual and hence attractive," the authors write, "with data revealing a more durable venture-capital (VC) transaction backdrop and growth becoming increasingly sparse."
Over the next 12 months, shares of Molten Ventures are predicted to increase by 130%, according to one investment bank.
The analysts at Berenberg believe that the London-listed stock of the digital venture capital firm is a "unique" and "excellent" investment opportunity.
First, in line with its colleagues in the Goldman Sachs non-profitable technology index, Molten's shares declined by 65% last year. Nonetheless, despite a 20% recovery among its competitors, the stock has stayed unchanged this year.
As a leading independent research provider, TradeAlgo keeps you connected from anywhere.