Berenberg Bank Analysts Give Vonovia (ETR:VNA) a €54.50 Price Target
Berenberg Bank set a €54.50 ($63.37) price objective on Vonovia (ETR:VNA) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other analysts have also commented on the stock. Hauck & Aufhaeuser set a €60.00 ($69.77) target price on shares of ADO Properties and gave the company a buy rating in a research note on Friday, June 7th. UBS Group reissued a buy rating and set a GBX 285 ($3.72) target price on shares of in a research note on Friday, June 21st. Independent Research set a €47.00 ($54.65) target price on shares of Vonovia and gave the company a neutral rating in a research note on Thursday, June 13th. Barclays set a €82.00 ($95.35) price target on shares of Merck KGaA and gave the company a sell rating in a research report on Monday, May 27th. Finally, Jefferies Financial Group upgraded shares of AGCO from a hold rating to a buy rating and upped their price target for the company from $70.00 to $90.00 in a research report on Monday, June 24th. Four equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Vonovia has a consensus rating of Buy and a consensus target price of €51.06 ($59.38).
VNA stock opened at €43.65 ($50.76) on Wednesday. Vonovia has a 12 month low of €38.07 ($44.27) and a 12 month high of €48.93 ($56.90). The firm has a market capitalization of $23.67 billion and a price-to-earnings ratio of 9.59. The company’s 50 day simple moving average is €44.97. The company has a current ratio of 0.71, a quick ratio of 0.57 and a debt-to-equity ratio of 107.87.
Vonovia SE operates as an integrated residential real estate company. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers apartments, property-related services; and value-added services, including maintenance and modernization of properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, electricity and gas supply, and insurances services.
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