Berenberg Bank set a €54.50 ($63.37) price objective on Vonovia (ETR:VNA) in a research note released on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research firms have also issued reports on VNA. Morgan Stanley set a $14.00 target price on Secureworks and gave the stock a hold rating in a research note on Thursday, June 6th. Barclays set a €82.00 ($95.35) target price on Merck KGaA and gave the stock a sell rating in a research note on Monday, May 27th. Kepler Capital Markets set a €67.00 ($77.91) target price on Axel Springer and gave the stock a buy rating in a research note on Wednesday, June 12th. UBS Group reissued a buy rating and set a GBX 285 ($3.72) target price on shares of in a research note on Friday, June 21st. Finally, DZ Bank reissued a neutral rating on shares of Rational in a research note on Tuesday, May 7th. Four investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of €51.06 ($59.38).
ETR VNA opened at €43.65 ($50.76) on Wednesday. The stock has a market cap of $23.67 billion and a PE ratio of 9.59. The company has a current ratio of 0.71, a quick ratio of 0.57 and a debt-to-equity ratio of 107.87. Vonovia has a twelve month low of €38.07 ($44.27) and a twelve month high of €48.93 ($56.90). The business’s fifty day simple moving average is €44.97.
Vonovia SE operates as an integrated residential real estate company. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers apartments, property-related services; and value-added services, including maintenance and modernization of properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, electricity and gas supply, and insurances services.
Read More: Green Investing
Receive News & Ratings for Vonovia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vonovia and related companies with MarketBeat.com's FREE daily email newsletter.