Berenberg Bank Reiterates “€66.00” Price Target for Vonovia (ETR:VNA)


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Vonovia (ETR:VNA) has been assigned a €66.00 ($77.65) price objective by equities researchers at Berenberg Bank in a research note issued on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price target suggests a potential upside of 19.48% from the stock’s current price.

VNA has been the topic of several other reports. Royal Bank of Canada set a €55.00 ($64.71) target price on shares of Vonovia and gave the stock a “neutral” rating in a research note on Tuesday, March 16th. Independent Research set a €57.00 ($67.06) target price on shares of Vonovia and gave the stock a “neutral” rating in a research note on Tuesday, March 9th. The Goldman Sachs Group set a €83.70 ($98.47) target price on shares of Vonovia and gave the stock a “buy” rating in a research note on Tuesday. DZ Bank reaffirmed a “buy” rating on shares of Vonovia in a research note on Thursday, March 4th. Finally, Kepler Capital Markets set a €67.00 ($78.82) price objective on shares of Vonovia and gave the company a “buy” rating in a research report on Friday, March 5th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Vonovia currently has a consensus rating of “Buy” and an average target price of €64.16 ($75.49).

Shares of VNA opened at €55.24 ($64.99) on Tuesday. The firm has a market cap of $31.26 billion and a price-to-earnings ratio of 9.42. The company has a debt-to-equity ratio of 99.30, a quick ratio of 0.32 and a current ratio of 0.61. Vonovia has a fifty-two week low of €43.97 ($51.73) and a fifty-two week high of €62.74 ($73.81). The firm has a 50 day moving average price of €56.40 and a 200-day moving average price of €56.36.

Vonovia Company Profile

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; apartments and property-related services; and value-added services, including maintenance and modernization of properties, craftsmen and residential environment organization, residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.

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Analyst Recommendations for Vonovia (ETR:VNA)

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