Jefferies Financial Group set a €41.00 ($47.67) target price on Vonovia (ETR:VNA) in a report issued on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other brokerages have also recently issued reports on VNA. Goldman Sachs Group set a €51.50 ($59.88) price objective on Vonovia and gave the company a buy rating in a report on Friday. HSBC set a €51.00 ($59.30) price objective on Vonovia and gave the company a buy rating in a report on Monday, July 15th. Barclays set a €54.00 ($62.79) price objective on Vonovia and gave the company a buy rating in a report on Monday, May 27th. Kepler Capital Markets set a €56.00 ($65.12) price objective on Vonovia and gave the company a buy rating in a report on Wednesday, June 12th. Finally, Berenberg Bank set a €54.50 ($63.37) price objective on Vonovia and gave the company a buy rating in a report on Wednesday, July 10th. Five research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of €51.24 ($59.58).
Shares of ETR VNA opened at €44.32 ($51.53) on Friday. The company has a market capitalization of $24.23 billion and a PE ratio of 9.74. The firm’s fifty day moving average is €43.96. Vonovia has a 52-week low of €38.07 ($44.27) and a 52-week high of €48.93 ($56.90). The company has a debt-to-equity ratio of 107.87, a quick ratio of 0.57 and a current ratio of 0.71.
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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