Vonovia (ETR:VNA) has been assigned a €46.50 ($55.36) target price by stock analysts at Nord/LB in a report issued on Friday. The brokerage currently has a “buy” rating on the stock. Nord/LB’s price target suggests a potential upside of 11.91% from the company’s previous close.
Several other research analysts also recently weighed in on the company. DZ Bank reaffirmed a “buy” rating on shares of Vonovia in a research note on Monday, December 18th. Citigroup set a €53.30 ($63.45) price objective on Vonovia and gave the company a “buy” rating in a research note on Tuesday, November 21st. S&P Global set a €48.00 ($57.14) price objective on Vonovia and gave the company a “buy” rating in a research note on Wednesday, December 20th. Goldman Sachs Group set a €35.30 ($42.02) price objective on Vonovia and gave the company a “neutral” rating in a research note on Thursday, November 9th. Finally, Barclays set a €45.00 ($53.57) price objective on Vonovia and gave the company a “buy” rating in a research note on Monday, December 11th. Eight investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Vonovia presently has an average rating of “Buy” and an average target price of €43.69 ($52.01).
Shares of Vonovia (ETR:VNA) traded up €0.37 ($0.44) during mid-day trading on Friday, hitting €41.55 ($49.46). The stock had a trading volume of 1,043,961 shares, compared to its average volume of 1,340,000. The firm has a market cap of $20,160.00 and a P/E ratio of 6.00. Vonovia has a twelve month low of €29.73 ($35.39) and a twelve month high of €42.64 ($50.76).
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Vonovia SE operates as an integrated real estate company in Germany. It operates through three segments: Rental, Extension, and Sales. The company offers apartments; and sells single units and buildings or plots of land, as well as provides property-related services. As of December 31, 2016, it managed 333,381 residential units, 85,421 garages and parking spaces, and 3,405 commercial units, as well as managed 58,969 units for other owners.
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