VTG AG (VT9) Receives €56.75 Consensus PT from Brokerages
Shares of VTG AG (ETR:VT9) have earned an average recommendation of “Buy” from the eight research firms that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is €56.75 ($65.99).
Several equities research analysts have recently weighed in on VT9 shares. Hauck & Aufhaeuser set a €60.00 ($69.77) price target on VTG and gave the stock a “buy” rating in a report on Wednesday, November 14th. Nord/LB set a €61.00 ($70.93) price target on VTG and gave the stock a “buy” rating in a report on Wednesday, November 14th. Kepler Capital Markets set a €57.00 ($66.28) price objective on VTG and gave the stock a “buy” rating in a research note on Tuesday, November 13th. Baader Bank set a €62.00 ($72.09) price objective on VTG and gave the stock a “buy” rating in a research note on Friday, November 9th. Finally, Warburg Research set a €56.00 ($65.12) price objective on VTG and gave the stock a “neutral” rating in a research note on Wednesday, November 14th.
Shares of ETR VT9 traded up €0.40 ($0.47) during midday trading on Friday, hitting €48.00 ($55.81). The company’s stock had a trading volume of 51,422 shares, compared to its average volume of 31,566. VTG has a 12-month low of €29.05 ($33.78) and a 12-month high of €50.70 ($58.95).
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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