VTG AG (VT9) Given a €48.00 Price Target by HSBC Holdings PLC Analysts
VTG AG (ETR:VT9) has been assigned a €48.00 ($55.81) target price by HSBC Holdings PLC in a research note issued to investors on Monday. The firm presently has a “neutral” rating on the stock. HSBC Holdings PLC’s price objective indicates a potential upside of 7.45% from the stock’s current price.
A number of other brokerages have also commented on VT9. Hauck & Aufhaeuser set a €49.00 ($56.98) price objective on shares of VTG AG and gave the stock a “buy” rating in a report on Thursday, August 31st. Warburg Research set a €50.00 ($58.14) price objective on shares of VTG AG and gave the stock a “buy” rating in a report on Monday, September 4th. Berenberg Bank set a €49.00 ($56.98) price objective on shares of VTG AG and gave the stock a “buy” rating in a report on Tuesday, July 25th. Commerzbank Ag set a €38.00 ($44.19) target price on shares of VTG AG and gave the company a “neutral” rating in a research note on Tuesday, August 29th. Finally, Kepler Capital Markets set a €56.00 ($65.12) target price on shares of VTG AG and gave the company a “buy” rating in a research note on Friday, October 20th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of €46.89 ($54.52).
Shares of VTG AG (VT9) opened at €44.67 ($51.94) on Monday. VTG AG has a fifty-two week low of €27.81 ($32.34) and a fifty-two week high of €50.55 ($58.78).
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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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