VTG AG (VT9) Given Consensus Recommendation of “Buy” by Brokerages

VTG AG (ETR:VT9) has been given a consensus recommendation of “Buy” by the eight research firms that are presently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is €56.75 ($65.99).

Several brokerages have issued reports on VT9. Hauck & Aufhaeuser set a €60.00 ($69.77) price objective on shares of VTG and gave the stock a “buy” rating in a research report on Wednesday, August 15th. Baader Bank set a €49.00 ($56.98) price objective on shares of VTG and gave the stock a “buy” rating in a research report on Tuesday, August 14th. Berenberg Bank set a €53.00 ($61.63) price objective on shares of VTG and gave the stock a “neutral” rating in a research report on Wednesday, August 15th. Nord/LB set a €61.00 ($70.93) price objective on shares of VTG and gave the stock a “buy” rating in a research report on Thursday, July 26th. Finally, Commerzbank set a €53.00 ($61.63) price objective on shares of VTG and gave the stock a “neutral” rating in a research report on Tuesday, August 14th.

VTG stock traded down €0.10 ($0.12) during midday trading on Thursday, hitting €52.90 ($61.51). 24,227 shares of the company’s stock were exchanged, compared to its average volume of 31,566. VTG has a 12-month low of €29.05 ($33.78) and a 12-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.

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Analyst Recommendations for VTG (ETR:VT9)

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