November 23, 2016 - By Marguerite Chambers
In a an analyst report issued to clients and investors today, Warburg Research boosted shares of VTG (ETR:VT9) to a “Buy” rating. The firm currently has a EUR 39.50 target on the stock. Warburg Research’s target suggests a potential upside of 38.74% from the stock’s previous close.
Out of 8 analysts covering VTG (ETR:VT9), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. €39.50 is the highest target while €24.50 is the lowest. The €32.19 average target is 14.15% above today’s (€28.2) stock price. VTG has been the topic of 44 analyst reports since August 25, 2015 according to StockzIntelligence Inc. Hauck & Aufhäuser Privatbankiers KGaA upgraded it to “Buy” rating and €36 target price in Thursday, October 6 report. Landesbank upgraded the stock to “Buy” rating in Wednesday, August 31 report. The company was upgraded on Thursday, January 14 by Baader Wertpapierhandelsbank. Warburg Research upgraded it to “Buy” rating and €39.50 target price in Wednesday, January 27 report. The stock of VTG AG (ETR:VT9) earned “Hold” rating by Commerzbank on Saturday, October 15. The stock of VTG AG (ETR:VT9) earned “Buy” rating by Landesbank on Tuesday, September 1. Bankhaus Lampe upgraded the shares of VT9 in a report on Friday, November 18 to “Buy” rating. The firm has “Buy” rating by Baader Wertpapierhandelsbank given on Wednesday, August 31. The rating was upgraded by Baader Wertpapierhandelsbank to “Buy” on Thursday, April 7. The firm earned “Buy” rating on Tuesday, September 6 by Warburg Research.
About 7,460 shares traded hands. VTG AG (ETR:VT9) has risen 0.54% since April 15, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.
VTG AG is a Germany-based company that operates as a wagon hire and rail logistics company. The company has a market cap of 811.07 million EUR. The Firm operates through three divisions: Railcar, Rail Logistics, and Tank Container Logistics. It has a 26.99 P/E ratio. The Railcar division hires a range of rail freight cars for its customers, provides management, technical support services to wagon fleets and produces tank wagons.
Another recent and important VTG AG (ETR:VT9) news was published by Prnewswire.com which published an article titled: “WL Ross & Co. Sells 20 Percent of VTG AG, Completing a â‚¬358 Million Divestiture” on May 20, 2016.
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