Vonovia SE (VNA) Receives Average Recommendation of “Buy” from Brokerages

Vonovia SE (ETR:VNA) has received an average recommendation of “Buy” from the twenty-two brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have assigned a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is €47.36 ($55.06).

A number of research analysts have weighed in on VNA shares. Barclays set a €46.00 ($53.49) target price on shares of Vonovia and gave the stock a “buy” rating in a research note on Monday, September 3rd. JPMorgan Chase & Co. set a €46.00 ($53.49) target price on shares of Vonovia and gave the stock a “buy” rating in a research note on Friday, August 31st. Morgan Stanley set a €47.00 ($54.65) target price on shares of Vonovia and gave the stock a “buy” rating in a research note on Thursday, August 30th. Commerzbank set a €44.50 ($51.74) target price on shares of Vonovia and gave the stock a “neutral” rating in a research note on Tuesday, October 9th. Finally, Hauck & Aufhaeuser set a €52.60 ($61.16) target price on shares of Vonovia and gave the stock a “buy” rating in a research note on Thursday, September 6th.

Vonovia stock traded up €0.37 ($0.43) during midday trading on Monday, reaching €42.90 ($49.88). The company had a trading volume of 1,097,643 shares, compared to its average volume of 1,560,000. Vonovia has a 12-month low of €32.29 ($37.55) and a 12-month high of €42.68 ($49.63).

Vonovia Company Profile

Vonovia SE operates as an integrated real estate company in Germany. The company operates through three segments: Rental, Value-Add Business, and Sales. It offers apartments; provides property-related services; and sells single units, and buildings or plots of land. As of December 31, 2017, it had a real estate portfolio comprising 344,586 residential units; 89,588 garages and parking spaces; and 3,888 commercial units, as well as managed 62,631 residential units for other owners.

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Analyst Recommendations for Vonovia (ETR:VNA)

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