VTG (VT9) PT Set at €61.00 by Warburg Research
VTG (ETR:VT9) received a €61.00 ($69.32) price target from equities researchers at Warburg Research in a note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price objective suggests a potential upside of 12.13% from the company’s current price.
VT9 has been the topic of a number of other research reports. Nord/LB set a €61.00 ($69.32) target price on shares of VTG and gave the company a “buy” rating in a report on Thursday, July 26th. Hauck & Aufhaeuser set a €60.00 ($68.18) price target on VTG and gave the stock a “buy” rating in a research report on Wednesday. Baader Bank set a €49.00 ($55.68) price target on VTG and gave the stock a “buy” rating in a research report on Monday, July 16th. Commerzbank set a €53.00 ($60.23) price target on VTG and gave the stock a “neutral” rating in a research report on Monday, July 16th. Finally, HSBC set a €52.00 ($59.09) price target on VTG and gave the stock a “neutral” rating in a research report on Thursday, July 19th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of €55.75 ($63.35).
Shares of VT9 stock opened at €54.40 ($61.82) on Thursday. VTG has a 12 month low of €29.05 ($33.01) and a 12 month 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.
Further Reading: Relative Strength Index
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