VTG (VT9) Given a €50.00 Price Target by Baader Bank Analysts
VTG (ETR:VT9) received a €50.00 ($59.52) target price from equities researchers at Baader Bank in a report issued on Thursday. The firm currently has a “buy” rating on the stock. Baader Bank’s price objective suggests a potential upside of 10.99% from the company’s previous close.
Other analysts also recently issued research reports about the stock. Kepler Capital Markets set a €56.00 ($66.67) price objective on shares of VTG and gave the stock a “buy” rating in a research report on Thursday, November 16th. Warburg Research set a €50.00 ($59.52) target price on VTG and gave the stock a “buy” rating in a research note on Monday, September 4th. Hauck & Aufhaeuser set a €49.00 ($58.33) target price on VTG and gave the stock a “buy” rating in a research note on Thursday, August 31st. Berenberg Bank set a €49.00 ($58.33) target price on VTG and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Finally, Commerzbank set a €38.00 ($45.24) target price on VTG and gave the stock a “neutral” rating in a research note on Friday, August 18th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. VTG presently has a consensus rating of “Buy” and an average price target of €46.89 ($55.82).
Shares of VTG (VT9) traded down €0.40 ($0.48) during midday trading on Thursday, hitting €45.05 ($53.63). The stock had a trading volume of 22,560 shares, compared to its average volume of 37,694. VTG has a twelve month low of €27.98 ($33.31) and a twelve month high of €50.55 ($60.18).
WARNING: This article was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another website, it was copied illegally and reposted in violation of U.S. & international trademark and copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/12/14/vtg-vt9-given-a-50-00-price-target-by-baader-bank-analysts.html.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VTG and related companies with MarketBeat.com's FREE daily email newsletter.