VTG (ETR:VT9) received a €50.00 ($59.52) target price from analysts at Baader Bank in a note issued to investors on Monday. The brokerage currently has a “buy” rating on the stock. Baader Bank’s target price would indicate a potential upside of 10.33% from the stock’s previous close.
Several other research firms have also issued reports on VT9. Hauck & Aufhaeuser set a €49.00 ($58.33) price target on shares of VTG and gave the stock a “buy” rating in a research report on Thursday, August 31st. Warburg Research set a €50.00 ($59.52) price target on shares of VTG and gave the stock a “buy” rating in a research report on Monday, September 4th. HSBC set a €48.00 ($57.14) price target on shares of VTG and gave the stock a “neutral” rating in a research report on Monday, November 20th. Kepler Capital Markets set a €56.00 ($66.67) price objective on shares of VTG and gave the stock a “buy” rating in a research note on Friday, October 20th. Finally, Commerzbank set a €38.00 ($45.24) price objective on shares of VTG and gave the stock a “neutral” rating in a research note on Tuesday, August 29th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of €46.89 ($55.82).
Shares of VTG (ETR:VT9) opened at €45.32 ($53.95) on Monday. VTG has a 12 month low of €27.81 ($33.11) and a 12 month 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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