Baader Bank Reiterates €49.00 Price Target for VTG (VT9)
A number of other research firms also recently weighed in on VT9. Berenberg Bank set a €53.00 ($60.23) target price on VTG and gave the company a neutral rating in a report on Tuesday, July 17th. Kepler Capital Markets set a €57.00 ($64.77) target price on VTG and gave the company a buy rating in a report on Friday, May 25th. Hauck & Aufhaeuser set a €60.00 ($68.18) target price on VTG and gave the company a buy rating in a report on Tuesday, July 17th. Nord/LB set a €58.00 ($65.91) target price on VTG and gave the company a buy rating in a report on Tuesday, May 22nd. Finally, Commerzbank set a €45.00 ($51.14) target price on VTG and gave the company a neutral rating in a report on Thursday, May 17th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. VTG presently has an average rating of Buy and an average target price of €55.75 ($63.35).
VT9 stock opened at €54.40 ($61.82) on Tuesday. VTG has a fifty-two week low of €29.05 ($33.01) and a fifty-two week high of €50.70 ($57.61).
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 its rail freight wagons in its own fleet; provides management and technical support services to external wagon fleets, as well as maintenance services for rail freight cars and their components; and manufactures tank wagons.
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