VTG AG (ETR:VT9) has been given a €49.00 ($57.65) target price by equities researchers at Berenberg Bank in a research report issued on Tuesday, July 25th. The firm presently has a “buy” rating on the stock.
Several other analysts have also commented on VT9. Warburg Research set a €37.50 ($44.12) price target on shares of VTG AG and gave the company a “buy” rating in a research report on Monday, June 26th. Hauck & Aufhaeuser set a €39.00 ($45.88) target price on shares of VTG AG and gave the company a “buy” rating in a research report on Wednesday, June 21st. HSBC Holdings plc set a €37.00 ($43.53) target price on shares of VTG AG and gave the company a “neutral” rating in a research report on Tuesday, July 4th. Finally, Commerzbank Ag set a €30.00 ($35.29) target price on shares of VTG AG and gave the company a “neutral” rating in a research report on Monday, July 3rd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of €42.60 ($50.12).
VTG AG (ETR:VT9) traded down 3.719% during mid-day trading on Tuesday, reaching €43.157. The company had a trading volume of 675 shares. VTG AG has a one year low of €24.11 and a one year high of €44.96. The company’s 50-day moving average is €40.82 and its 200-day moving average is €33.58. The stock has a market capitalization of €1.26 billion and a PE ratio of 27.058.
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VTG AG 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 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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