VTG AG (ETR:VT9) has been given a €38.00 ($44.71) price objective by analysts at Commerzbank Ag in a research report issued to clients and investors on Friday. The brokerage currently has a “neutral” rating on the stock.
Several other brokerages have also issued reports on VT9. Berenberg Bank set a €49.00 ($57.65) target price on VTG AG and gave the company a “buy” rating in a research report on Tuesday, July 25th. Warburg Research set a €50.00 ($58.82) target price on VTG AG and gave the company a “buy” rating in a research report on Friday, July 21st. HSBC Holdings plc set a €37.00 ($43.53) target price on VTG AG and gave the company a “neutral” rating in a research report on Tuesday, July 4th. Finally, Hauck & Aufhaeuser set a €39.00 ($45.88) target price on VTG AG and gave the company a “buy” rating in a research report on Monday, July 3rd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of €42.60 ($50.12).
VTG AG (ETR VT9) opened at 43.157 on Friday. The company has a market capitalization of €1.26 billion and a PE ratio of 27.058. The firm’s 50-day moving average is €40.82 and its 200-day moving average is €33.58. VTG AG has a 52-week low of €24.11 and a 52-week high of €44.96.
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VTG AG Company Profile
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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