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).
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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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