VTG AG (VT9) Given Consensus Rating of “Buy” by Brokerages
VTG AG (ETR:VT9) has been given a consensus rating of “Buy” by the seven research firms that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is €45.43 ($54.08).
Several equities research analysts recently issued reports on VT9 shares. Nord/LB set a €45.00 ($53.57) price objective on VTG AG and gave the company a “neutral” rating in a report on Tuesday, August 22nd. Commerzbank Ag set a €38.00 ($45.24) price objective on VTG AG and gave the company a “neutral” rating in a report on Tuesday, August 29th. Hauck & Aufhaeuser set a €49.00 ($58.33) price objective on VTG AG and gave the company a “buy” rating in a report on Thursday, August 31st. Baader Bank set a €37.00 ($44.05) price objective on VTG AG and gave the company a “buy” rating in a report on Tuesday, August 29th. Finally, HSBC Holdings plc set a €37.00 ($44.05) price objective on VTG AG and gave the company a “neutral” rating in a report on Tuesday, July 4th.
COPYRIGHT VIOLATION WARNING: “VTG AG (VT9) Given Consensus Rating of “Buy” by Brokerages” was first posted by American Banking News and is the property of of American Banking News. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/09/16/vtg-ag-vt9-given-consensus-rating-of-buy-by-brokerages.html.
VTG AG (VT9) opened at 45.44 on Friday. The stock’s 50 day moving average price is €43.94 and its 200-day moving average price is €35.36. VTG AG has a 52-week low of €24.11 and a 52-week high of €45.87. The company has a market cap of €1.64 billion and a P/E ratio of 28.56.
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.
Receive News & Ratings for VTG AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VTG AG and related companies with MarketBeat.com's FREE daily email newsletter.