Baader Bank Reiterates €49.00 Price Target for VTG (VT9)

VTG (ETR:VT9) has been assigned a €49.00 ($60.49) price target by investment analysts at Baader Bank in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the stock. Baader Bank’s price objective suggests a potential upside of 3.16% from the stock’s previous close.

Several other research analysts have also commented on VT9. Kepler Capital Markets set a €47.00 ($58.02) price objective on shares of VTG and gave the stock a “neutral” rating in a research note on Monday, January 22nd. Berenberg Bank set a €43.50 ($53.70) target price on shares of VTG and gave the company a “neutral” rating in a research note on Thursday, January 25th. 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, January 26th. Commerzbank set a €38.00 ($46.91) target price on shares of VTG and gave the company a “neutral” rating in a research note on Friday, January 26th. Finally, Nord/LB set a €43.00 ($53.09) target price on shares of VTG and gave the company a “neutral” rating in a research note on Friday, January 26th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of €47.61 ($58.78).

ETR VT9 traded down €0.10 ($0.12) on Friday, hitting €47.50 ($58.64). 22,191 shares of the stock were exchanged, compared to its average volume of 31,566. VTG has a 52-week low of €29.05 ($35.86) and a 52-week high of €50.70 ($62.59).

ILLEGAL ACTIVITY WARNING: This piece was originally published by Dakota Financial News and is the property of of Dakota Financial News. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://dakotafinancialnews.com/2018/04/13/baader-bank-reiterates-49-00-price-target-for-vtg-vt9.html.



VTG 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.

Analyst Recommendations for VTG (ETR:VT9)

Receive News & Ratings for VTG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VTG and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply