VTG AG (VT9) Given Average Rating of “Hold” by Brokerages
Shares of VTG AG (ETR:VT9) have been assigned a consensus rating of “Hold” from the eight ratings firms that are covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is €55.75 ($64.83).
A number of research analysts recently issued reports on VT9 shares. Nord/LB set a €53.00 ($61.63) price objective on shares of VTG and gave the company a “neutral” rating in a report on Monday, February 25th. Kepler Capital Markets set a €57.00 ($66.28) price objective on shares of VTG and gave the company a “buy” rating in a report on Monday, February 25th.
ETR VT9 remained flat at $€52.90 ($61.51) during trading hours on Tuesday. 3,065 shares of the company were exchanged, compared to its average volume of 31,566. The company has a market cap of $1.51 billion and a price-to-earnings ratio of 52.27. VTG has a 1-year low of €46.15 ($53.66) and a 1-year high of €56.40 ($65.58). The company has a current ratio of 1.00, a quick ratio of 0.82 and a debt-to-equity ratio of 209.10.
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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