VTG (ETR:VT9) has been given a €49.00 ($60.49) target price by research analysts at Baader Bank in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Baader Bank’s price target would suggest a potential upside of 24.68% from the company’s current price.
Other equities research analysts have also issued reports about the company. Berenberg Bank set a €49.00 ($60.49) price objective on VTG and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Warburg Research set a €50.00 ($61.73) price objective on VTG and gave the stock a “buy” rating in a research note on Tuesday, November 28th. Kepler Capital Markets set a €56.00 ($69.14) price objective on VTG and gave the stock a “buy” rating in a research note on Thursday, November 16th. Hauck & Aufhaeuser set a €48.00 ($59.26) price objective on VTG and gave the stock a “buy” rating in a research note on Wednesday. Finally, Commerzbank set a €40.00 ($49.38) price objective on VTG and gave the stock a “neutral” rating in a research note on Thursday, February 22nd. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. VTG presently has a consensus rating of “Hold” and an average price target of €44.72 ($55.21).
VTG (ETR VT9) traded down €1.30 ($1.60) during midday trading on Thursday, hitting €39.30 ($48.52). The stock had a trading volume of 20,764 shares, compared to its average volume of 43,363. The company has a market cap of $1,130.00 and a PE ratio of 25.52. VTG has a 12-month low of €29.05 ($35.86) and a 12-month high of €50.70 ($62.59).
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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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