VTG (VT9) Given a €50.00 Price Target by Baader Bank Analysts
VTG (ETR:VT9) has been given a €50.00 ($59.52) price target by Baader Bank in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. Baader Bank’s target price suggests a potential upside of 10.77% from the company’s current price.
A number of other analysts have also recently weighed in on the stock. Commerzbank set a €38.00 ($45.24) price target on shares of VTG and gave the company a “neutral” rating in a report on Friday, August 18th. Berenberg Bank set a €49.00 ($58.33) price target on shares of VTG and gave the company a “buy” rating in a report on Monday, August 21st. Warburg Research set a €50.00 ($59.52) price target on shares of VTG and gave the company a “buy” rating in a report on Monday, September 4th. Kepler Capital Markets set a €56.00 ($66.67) price target on shares of VTG and gave the company a “buy” rating in a report on Thursday, November 16th. Finally, HSBC set a €48.00 ($57.14) price target on shares of VTG and gave the company a “neutral” rating in a report on Monday, November 20th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. VTG presently has an average rating of “Buy” and an average price target of €46.89 ($55.82).
Shares of VTG (ETR:VT9) opened at €45.14 ($53.74) on Thursday. VTG has a one year low of €27.98 ($33.31) and a one year high of €50.55 ($60.18).
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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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