Analysts Set VTG AG (VT9) Price Target at $56.75

Shares of VTG AG (ETR:VT9) have been assigned a consensus recommendation of “Buy” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is €56.75 ($65.99).

A number of brokerages have issued reports on VT9. Warburg Research set a €56.00 ($65.12) price objective on VTG and gave the company a “neutral” rating in a research note on Wednesday, November 14th. Baader Bank set a €62.00 ($72.09) price objective on VTG and gave the company a “buy” rating in a research note on Friday, November 9th. Berenberg Bank set a €53.00 ($61.63) price objective on VTG and gave the company a “neutral” rating in a research note on Wednesday, November 14th. Hauck & Aufhaeuser set a €60.00 ($69.77) price objective on VTG and gave the company a “buy” rating in a research note on Wednesday, November 14th. Finally, Nord/LB set a €61.00 ($70.93) price objective on VTG and gave the company a “buy” rating in a research note on Tuesday, October 9th.

ETR:VT9 traded up €0.40 ($0.47) during trading hours on Friday, reaching €48.00 ($55.81). 51,422 shares of the company traded hands, compared to its average volume of 31,566. VTG has a 1 year low of €29.05 ($33.78) and a 1 year high of €50.70 ($58.95).

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 its rail freight wagons in its own fleet; provides management and technical support services to external wagon fleets, as well as maintenance services for rail freight cars and their components; and manufactures tank wagons.

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Analyst Recommendations for VTG (ETR:VT9)

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