VTG AG (VT9) Given a €50.00 Price Target by Baader Bank Analysts
VTG AG (ETR:VT9) has been given a €50.00 ($59.52) target price by investment analysts at Baader Bank in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock.
Several other analysts have also recently weighed in on VT9. Warburg Research set a €37.50 ($44.64) price objective on shares of VTG AG and gave the stock a “buy” rating in a research note on Monday, June 26th. Hauck & Aufhaeuser set a €39.00 ($46.43) target price on shares of VTG AG and gave the stock a “buy” rating in a research report on Wednesday, June 21st. Commerzbank Ag set a €38.00 ($45.24) price objective on shares of VTG AG and gave the company a “neutral” rating in a report on Friday, August 18th. Berenberg Bank set a €49.00 ($58.33) price objective on shares of VTG AG and gave the company a “buy” rating in a report on Tuesday, July 25th. Finally, HSBC Holdings plc set a €37.00 ($44.05) price objective on shares of VTG AG and gave the company a “neutral” rating in a report on Tuesday, July 4th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. VTG AG presently has an average rating of “Buy” and a consensus target price of €45.43 ($54.08).
Shares of VTG AG (ETR:VT9) traded down 0.547% during trading on Wednesday, reaching €44.547. 1,072 shares of the company’s stock were exchanged. The company has a 50 day moving average price of €43.50 and a 200-day moving average price of €34.89. VTG AG has a 52-week low of €24.11 and a 52-week high of €45.85. The company has a market capitalization of €1.61 billion and a PE ratio of 27.999.
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About VTG AG
VTG Aktiengesellschaft, together with its subsidiaries, operates as a wagon hire and rail logistics company worldwide. It operates through three segments: Railcar, Rail Logistics, and Tank Container Logistics. The Railcar segment hires out freight wagons in its own fleet; provides management and technical support services to external wagon fleets, as well as maintenance services for rail freight wagons and their components; and manufactures tank wagons.
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