VTG AG (VT9) Given Average Recommendation of “Hold” by Brokerages

VTG AG (ETR:VT9) has earned a consensus rating of “Hold” from the nine brokerages that are covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is €44.72 ($55.21).

A number of analysts have recently issued reports on VT9 shares. Kepler Capital Markets set a €56.00 ($69.14) price target on shares of VTG and gave the stock a “buy” rating in a report on Friday, October 20th. Baader Bank set a €50.00 ($61.73) price target on shares of VTG and gave the stock a “buy” rating in a report on Thursday, November 16th. Nord/LB set a €45.00 ($55.56) price target on shares of VTG and gave the stock a “neutral” rating in a report on Friday, November 17th. HSBC set a €48.00 ($59.26) price target on shares of VTG and gave the stock a “neutral” rating in a report on Monday, November 20th. Finally, Warburg Research set a €50.00 ($61.73) price target on shares of VTG and gave the stock a “buy” rating in a report on Tuesday, November 28th.

VTG (ETR VT9) opened at €38.55 ($47.59) on Tuesday. The company has a market cap of $1,110.00 and a price-to-earnings ratio of 25.03. VTG has a 52 week low of €29.05 ($35.86) and a 52 week high of €50.70 ($62.59).

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About VTG

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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