VTG AG (VT9) Receives Consensus Rating of “Buy” from Analysts
Shares of VTG AG (ETR:VT9) have been given a consensus rating of “Buy” by the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is €55.19 ($64.17).
Several brokerages have issued reports on VT9. Kepler Capital Markets set a €57.00 ($66.28) target price on shares of VTG and gave the stock a “buy” rating in a research note on Wednesday, June 6th. Nord/LB set a €58.00 ($67.44) price target on shares of VTG and gave the company a “buy” rating in a research report on Tuesday, May 22nd. Warburg Research set a €56.50 ($65.70) price target on shares of VTG and gave the company a “buy” rating in a research report on Wednesday, May 23rd. Baader Bank set a €49.00 ($56.98) price target on shares of VTG and gave the company a “buy” rating in a research report on Thursday, May 17th. Finally, Commerzbank set a €45.00 ($52.33) price target on shares of VTG and gave the company a “neutral” rating in a research report on Thursday, May 17th.
Shares of VTG traded up €0.10 ($0.12), hitting €54.80 ($63.72), during trading on Tuesday, Marketbeat.com reports. 7,767 shares of the stock traded hands, compared to its average volume of 31,566. VTG has a 52-week low of €29.05 ($33.78) and a 52-week 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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