VTG (VT9) Given a €45.00 Price Target by Commerzbank Analysts
Several other research firms also recently issued reports on VT9. Berenberg Bank set a €49.00 ($60.49) price target on VTG and gave the stock a buy rating in a research note on Wednesday, December 6th. Hauck & Aufhaeuser set a €52.00 ($64.20) target price on shares of VTG and gave the company a buy rating in a research note on Thursday. Baader Bank set a €50.00 ($61.73) target price on shares of VTG and gave the company a buy rating in a research note on Monday, December 4th. Kepler Capital Markets set a €47.00 ($58.02) target price on shares of VTG and gave the company a neutral rating in a research note on Thursday, February 22nd. Finally, Warburg Research set a €47.00 ($58.02) target price on shares of VTG and gave the company a buy rating in a research note on Friday, February 23rd. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. VTG presently has an average rating of Hold and a consensus price target of €45.72 ($56.45).
VTG stock traded up €0.80 ($0.99) during trading hours on Thursday, hitting €46.00 ($56.79). The stock had a trading volume of 32,785 shares, compared to its average volume of 31,566. The firm has a market cap of $1,210.00 and a P/E ratio of 29.87. VTG has a fifty-two week low of €29.05 ($35.86) and a fifty-two week high of €50.70 ($62.59).
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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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