VTG (ETR:VT9) received a €49.00 ($58.33) target price from analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 7.76% from the stock’s current price.
A number of other equities research analysts have also recently commented on VT9. Commerzbank set a €38.00 ($45.24) target price on VTG and gave the stock a “neutral” rating in a research note on Friday, August 18th. Nord/LB set a €45.00 ($53.57) price objective on VTG and gave the company a “neutral” rating in a research report on Tuesday, August 22nd. Baader Bank set a €37.00 ($44.05) price objective on VTG and gave the company a “buy” rating in a research report on Tuesday, August 29th. Hauck & Aufhaeuser set a €49.00 ($58.33) price objective on VTG and gave the company a “buy” rating in a research report on Thursday, August 31st. Finally, Warburg Research set a €50.00 ($59.52) price objective on VTG and gave the company a “buy” rating in a research report on Monday, September 4th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of €46.89 ($55.82).
VTG (VT9) opened at €45.47 ($54.13) on Wednesday. VTG has a twelve month low of €27.81 ($33.11) and a twelve month high of €50.55 ($60.18).
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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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