VTG AG (VT9) Given a €49.00 Price Target at Hauck & Aufhaeuser
VTG AG (ETR:VT9) has been given a €49.00 ($58.33) price target by Hauck & Aufhaeuser in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock.
Several other equities research analysts have also recently issued reports on the company. Warburg Research set a €37.50 ($44.64) price objective on VTG AG and gave the stock a “buy” rating in a report on Monday, June 26th. Berenberg Bank set a €49.00 ($58.33) price objective on VTG AG and gave the stock a “buy” rating in a report on Tuesday, July 25th. Baader Bank set a €37.00 ($44.05) price objective on VTG AG and gave the stock a “buy” rating in a report on Tuesday. Commerzbank Ag set a €38.00 ($45.24) price objective on VTG AG and gave the stock a “neutral” rating in a report on Tuesday. Finally, Nord/LB set a €45.00 ($53.57) price objective on VTG AG and gave the stock a “neutral” rating in a report on Tuesday, August 22nd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of €43.57 ($51.87).
Shares of VTG AG (ETR:VT9) opened at 43.436 on Thursday. VTG AG has a 12 month low of €24.11 and a 12 month high of €44.96. The company has a 50-day moving average price of €41.93 and a 200-day moving average price of €34.01. The company has a market capitalization of €1.26 billion and a P/E ratio of 27.233.
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About VTG AG
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 freight wagons in its own fleet; provides management and technical support services to external wagon fleets, as well as maintenance services for rail freight wagons and their components; and manufactures tank wagons.
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