Vonovia (ETR:VNA) has been assigned a €55.00 ($63.95) price target by equities researchers at UBS Group in a research report issued on Monday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective indicates a potential upside of 37.91% from the company’s previous close.
A number of other equities analysts have also recently issued reports on the company. Warburg Research set a €49.00 ($56.98) price target on Vonovia and gave the stock a “buy” rating in a report on Friday, September 7th. Cfra set a €49.00 ($56.98) price target on Vonovia and gave the stock a “buy” rating in a report on Monday, September 3rd. DZ Bank restated a “neutral” rating on shares of Vonovia in a report on Friday, September 7th. Goldman Sachs Group set a €51.00 ($59.30) price target on Vonovia and gave the stock a “buy” rating in a report on Monday, October 8th. Finally, Kepler Capital Markets set a €51.00 ($59.30) price target on Vonovia and gave the stock a “buy” rating in a report on Thursday, July 26th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €47.97 ($55.78).
Vonovia stock opened at €39.88 ($46.37) on Monday. Vonovia has a 52-week low of €32.29 ($37.55) and a 52-week high of €42.68 ($49.63).
Vonovia SE operates as an integrated real estate company in Germany. The company operates through three segments: Rental, Value-Add Business, and Sales. It offers apartments; provides property-related services; and sells single units, and buildings or plots of land. As of December 31, 2017, it had a real estate portfolio comprising 344,586 residential units; 89,588 garages and parking spaces; and 3,888 commercial units, as well as managed 62,631 residential units for other owners.
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