Nord/LB Reiterates “€46.50” Price Target for Vonovia (VNA)

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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About Vonovia

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.

Analyst Recommendations for Vonovia (ETR:VNA)

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