VTG AG (VT9) Receives €44.72 Consensus Price Target from Analysts

Shares of VTG AG (ETR:VT9) have been given a consensus rating of “Hold” by the nine ratings firms that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is €44.94 ($55.49).

A number of equities research analysts have recently weighed in on VT9 shares. Berenberg Bank set a €49.00 ($60.49) target price on VTG and gave the stock a “buy” rating in a research report on Wednesday, December 6th. Commerzbank set a €38.00 ($46.91) target price on VTG and gave the stock a “neutral” rating in a research report on Friday, January 26th. Baader Bank set a €50.00 ($61.73) target price on VTG and gave the stock a “buy” rating in a research report on Monday, December 4th. HSBC set a €48.00 ($59.26) target price on VTG and gave the stock a “neutral” rating in a research report on Monday, November 20th. Finally, Kepler Capital Markets set a €56.00 ($69.14) target price on VTG and gave the stock a “buy” rating in a research report on Friday, October 20th.

Shares of VTG (ETR:VT9) traded down €0.35 ($0.43) during trading on Tuesday, hitting €40.65 ($50.19). The stock had a trading volume of 24,408 shares, compared to its average volume of 40,350. The firm has a market cap of $1,170.00 and a price-to-earnings ratio of 26.40. VTG has a fifty-two week low of €29.05 ($35.86) and a fifty-two week high of €50.70 ($62.59).

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About VTG

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)

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