Vonovia (ETR:VNA) Given a €60.00 Price Target at UBS Group
UBS Group set a €60.00 ($69.77) price objective on Vonovia (ETR:VNA) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages have also recently issued reports on VNA. DZ Bank reissued a buy rating on shares of Vonovia in a report on Monday, March 11th. Morgan Stanley set a €52.00 ($60.47) price objective on Vonovia and gave the company a buy rating in a report on Wednesday, March 13th. HSBC set a €52.00 ($60.47) price objective on Vonovia and gave the company a buy rating in a report on Wednesday, May 29th. Credit Suisse Group reissued a buy rating on shares of Vonovia in a report on Thursday, March 7th. Finally, Goldman Sachs Group set a €54.70 ($63.60) price objective on Vonovia and gave the company a buy rating in a report on Tuesday, June 4th. Four research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company has an average rating of Buy and an average target price of €51.01 ($59.32).
Shares of VNA stock opened at €42.91 ($49.90) on Friday. The stock has a market capitalization of $22.94 billion and a PE ratio of 9.43. The company has a quick ratio of 0.57, a current ratio of 0.71 and a debt-to-equity ratio of 107.87. Vonovia has a 52-week low of €38.07 ($44.27) and a 52-week high of €48.93 ($56.90).
Vonovia SE operates as an integrated residential real estate company. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers apartments, property-related services; and value-added services, including maintenance and modernization of properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, electricity and gas supply, and insurances services.
Recommended Story: Why is the price-sales ratio important?
Receive News & Ratings for Vonovia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vonovia and related companies with MarketBeat.com's FREE daily email newsletter.