VTG (ETR:VT9) has been given a €49.00 ($58.33) target price by equities research analysts at Berenberg Bank in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 8.24% from the company’s current price.

A number of other research firms also recently commented on VT9. Kepler Capital Markets set a €56.00 ($66.67) price target on shares of VTG and gave the stock a “buy” rating in a research report on Thursday, November 16th. Baader Bank set a €50.00 ($59.52) price target on shares of VTG and gave the stock a “buy” rating in a research report on Thursday, November 16th. Nord/LB set a €45.00 ($53.57) price target on shares of VTG and gave the stock a “neutral” rating in a research report on Friday, November 17th. HSBC set a €48.00 ($57.14) price target on shares of VTG and gave the stock a “neutral” rating in a research report on Monday, November 20th. Finally, Warburg Research set a €50.00 ($59.52) price target on shares of VTG and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of €46.89 ($55.82).

VTG (VT9) traded down €0.05 ($0.06) during mid-day trading on Wednesday, hitting €45.27 ($53.89). 13,945 shares of the company’s stock were exchanged, compared to its average volume of 40,208. VTG has a one year low of €27.81 ($33.11) and a one year high of €50.55 ($60.18).

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VTG Company Profile

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.

Analyst Recommendations for VTG (ETR:VT9)

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