Deutsche Bank Upgrades Vonovia (VONOY) to “Buy”

Vonovia (OTCMKTS:VONOY) was upgraded by Deutsche Bank from a “hold” rating to a “buy” rating in a report released on Wednesday.

Separately, Zacks Investment Research cut shares of Vonovia from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th.

Shares of Vonovia (VONOY) traded down $0.30 during trading hours on Wednesday, reaching $24.85. 100 shares of the company were exchanged, compared to its average volume of 1,275. Vonovia has a 12-month low of $19.35 and a 12-month high of $25.50.

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Vonovia Company Profile

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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