VTG (VT9) Given a €62.00 Price Target at Baader Bank

Baader Bank set a €62.00 ($72.09) price objective on VTG (ETR:VT9) in a research report released on Friday. The brokerage currently has a buy rating on the stock.

A number of other research firms have also recently weighed in on VT9. Hauck & Aufhaeuser set a €60.00 ($69.77) target price on shares of VTG and gave the company a buy rating in a research note on Wednesday, August 15th. HSBC set a €52.00 ($60.47) target price on shares of VTG and gave the company a neutral rating in a research note on Thursday, July 19th. Berenberg Bank set a €53.00 ($61.63) target price on shares of VTG and gave the company a neutral rating in a research note on Tuesday, July 17th. Nord/LB set a €61.00 ($70.93) target price on shares of VTG and gave the company a buy rating in a research note on Thursday, July 26th. Finally, Commerzbank set a €53.00 ($61.63) target price on shares of VTG and gave the company a neutral rating in a research note on Tuesday, August 14th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €57.38 ($66.72).

VT9 stock remained flat at $€53.00 ($61.63) during trading on Friday. 58,455 shares of the company’s stock were exchanged, compared to its average volume of 31,566. VTG has a twelve month low of €29.05 ($33.78) and a twelve month high of €50.70 ($58.95).

VTG Company Profile

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.

Recommended Story: What is the Rule of 72?

Analyst Recommendations for VTG (ETR:VT9)

Receive News & Ratings for VTG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VTG and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply