A number of other analysts also recently issued reports on VT9. Baader Bank set a €49.00 ($56.98) price target on shares of VTG and gave the stock a buy rating in a report on Thursday, March 22nd. Kepler Capital Markets set a €47.00 ($54.65) target price on shares of VTG and gave the company a neutral rating in a research report on Thursday, March 22nd. Commerzbank set a €45.00 ($52.33) target price on shares of VTG and gave the company a neutral rating in a research report on Thursday, March 22nd. Nord/LB set a €52.00 ($60.47) target price on shares of VTG and gave the company a buy rating in a research report on Tuesday, March 27th. Finally, Berenberg Bank set a €43.50 ($50.58) target price on shares of VTG and gave the company a neutral rating in a research report on Thursday, March 29th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €55.19 ($64.17).
VTG traded up €0.10 ($0.12), reaching €54.80 ($63.72), during mid-day trading on Tuesday, according to MarketBeat Ratings. 7,767 shares of the stock were exchanged, compared to its average volume of 31,566. VTG has a 1 year low of €29.05 ($33.78) and a 1 year 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.
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