Vonovia SE Unsponsored ADR (OTCMKTS:VONOY – Get Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as $11.12 and last traded at $11.13, with a volume of 5108 shares traded. The stock had previously closed at $11.53.
Analysts Set New Price Targets
VONOY has been the subject of several research analyst reports. Zacks Research upgraded shares of Vonovia from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft upgraded shares of Vonovia from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Vonovia has an average rating of “Moderate Buy”.
Check Out Our Latest Report on VONOY
Vonovia Trading Down 3.1%
Vonovia (OTCMKTS:VONOY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.24. Vonovia had a return on equity of 15.40% and a net margin of 61.85%.The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.01 billion. As a group, research analysts expect that Vonovia SE Unsponsored ADR will post 0.97 EPS for the current year.
About Vonovia
Vonovia SE is a Germany-based residential real estate company headquartered in Bochum that owns, manages and develops rental housing. Its core activities center on long-term residential leasing, property and facility management, maintenance and modernization of apartment portfolios, and project development. Vonovia provides tenant services and operational support to maintain and upgrade its buildings, with an increasing focus on energy-efficiency measures and building refurbishments to modernize stock and reduce operating costs.
The company traces its roots to Deutsche Annington and adopted the Vonovia name following a period of consolidation and growth; it has expanded through a series of acquisitions to become one of the largest residential landlords in Germany.
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