VTG (ETR:VT9) Given a €49.00 Price Target at Baader Bank

Baader Bank set a €49.00 ($60.49) price target on VTG (ETR:VT9) in a research note issued to investors on Thursday, March 22nd. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Warburg Research set a €47.00 ($58.02) target price on shares of VTG and gave the company a buy rating in a research report on Friday, January 26th. HSBC set a €48.00 ($59.26) target price on shares of VTG and gave the company a neutral rating in a research report on Tuesday, January 30th. Hauck & Aufhaeuser set a €52.00 ($64.20) target price on shares of VTG and gave the company a buy rating in a research report on Thursday, March 22nd. Nord/LB set a €43.00 ($53.09) target price on shares of VTG and gave the company a neutral rating in a research report on Friday, January 26th. Finally, Berenberg Bank set a €43.50 ($53.70) target price on shares of VTG and gave the company a neutral rating in a research report on Thursday, February 22nd. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of €47.61 ($58.78).

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Shares of VTG stock traded up €0.10 ($0.12) during trading on Thursday, reaching €47.50 ($58.64). The company’s stock had a trading volume of 15,199 shares, compared to its average volume of 31,566. VTG has a 52 week low of €29.05 ($35.86) and a 52 week high of €50.70 ($62.59).

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About VTG

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 freight wagons in its own fleet; provides management and technical support services to external wagon fleets, as well as maintenance services for rail freight wagons and their components; and manufactures tank wagons.

Analyst Recommendations for VTG (ETR:VT9)

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