Jefferies Financial Group upgraded shares of Vonovia (OTCMKTS:VNNVF) from a hold rating to a buy rating in a research note issued to investors on Thursday, The Fly reports.
VNNVF has been the subject of a number of other reports. JPMorgan Chase & Co. reiterated an overweight rating on shares of Vonovia in a research note on Wednesday, September 9th. Berenberg Bank restated a buy rating on shares of Vonovia in a research note on Tuesday, October 27th. Morgan Stanley restated an overweight rating on shares of Vonovia in a research note on Thursday, September 3rd. Royal Bank of Canada restated a sector perform rating on shares of Vonovia in a research note on Wednesday, September 2nd. Finally, UBS Group restated a buy rating on shares of Vonovia in a research note on Tuesday, November 3rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of Buy.
VNNVF stock opened at $68.18 on Thursday. The firm has a 50 day moving average of $68.16 and a 200 day moving average of $63.95. Vonovia has a 52 week low of $43.37 and a 52 week high of $71.90.
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 property management services; apartments and property-related services; and value-added services, including maintenance and modernization of properties, craftsmen and residential environment organization, residential environment organization, condominium administration, cable TV, metering, electricity and gas supply, and insurances services.
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