VTG (ETR:VT9) has been given a €53.00 ($65.43) target price by equities researchers at Warburg Research in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Warburg Research’s target price points to a potential upside of 10.76% from the company’s current price.
VT9 has been the topic of several other reports. Kepler Capital Markets set a €47.00 ($58.02) target price on shares of VTG and gave the stock a “neutral” rating in a research note on Monday, January 22nd. Nord/LB set a €43.00 ($53.09) target price on shares of VTG and gave the stock a “neutral” rating in a research note on Thursday, February 22nd. Commerzbank set a €40.00 ($49.38) target price on shares of VTG and gave the stock a “neutral” rating in a research note on Thursday, February 22nd. Berenberg Bank set a €43.50 ($53.70) target price on shares of VTG and gave the stock a “neutral” rating in a research note on Thursday, January 25th. Finally, Baader Bank set a €50.00 ($61.73) target price on shares of VTG and gave the stock a “buy” rating in a research note on Thursday, December 14th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. VTG currently has an average rating of “Hold” and an average price target of €47.39 ($58.50).
VT9 opened at €47.85 ($59.07) on Friday. VTG has a twelve month low of €29.05 ($35.86) and a twelve 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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