VTG (VT9) Given a €49.00 Price Target at Berenberg Bank

Berenberg Bank set a €49.00 ($58.33) price objective on VTG (ETR:VT9) in a research note released on Wednesday morning. The firm currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on VT9. Commerzbank set a €38.00 ($45.24) price objective on shares of VTG and gave the stock a neutral rating in a research report on Friday, August 18th. Nord/LB set a €45.00 ($53.57) price objective on shares of VTG and gave the stock a neutral rating in a research report on Tuesday, August 22nd. Baader Bank set a €37.00 ($44.05) price objective on shares of VTG and gave the stock a buy rating in a research report on Tuesday, August 29th. Hauck & Aufhaeuser set a €49.00 ($58.33) price objective on shares of VTG and gave the stock a buy rating in a research report on Thursday, August 31st. Finally, Warburg Research set a €50.00 ($59.52) price objective on shares of VTG and gave the stock a buy rating in a research report on Monday, September 4th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of €46.89 ($55.82).

VTG (ETR VT9) traded down €0.17 ($0.20) on Wednesday, reaching €44.90 ($53.45). 3,645 shares of the company’s stock traded hands, compared to its average volume of 38,513. VTG has a fifty-two week low of €27.81 ($33.11) and a fifty-two week high of €50.55 ($60.18).

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About VTG

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.

Analyst Recommendations for VTG (ETR:VT9)

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