Vonovia (ETR:VNA) received a €52.00 ($60.47) target price from investment analysts at Morgan Stanley in a note issued to investors on Thursday, September 26th, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 11.80% from the stock’s current price.
Several other equities research analysts also recently issued reports on VNA. Nord/LB set a €44.65 ($51.92) price objective on Vonovia and gave the stock a “neutral” rating in a research note on Friday, August 2nd. Goldman Sachs Group set a €57.20 ($66.51) price objective on Vonovia and gave the stock a “buy” rating in a research note on Monday, September 16th. UBS Group set a €60.00 ($69.77) price objective on Vonovia and gave the stock a “buy” rating in a research note on Monday, September 23rd. Credit Suisse Group set a €56.80 ($66.05) target price on Vonovia and gave the stock a “buy” rating in a research report on Wednesday, September 18th. Finally, Berenberg Bank set a €54.50 ($63.37) target price on Vonovia and gave the stock a “buy” rating in a research report on Wednesday, September 25th. Four analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of €52.36 ($60.89).
Vonovia stock traded down €0.30 ($0.35) during mid-day trading on Thursday, hitting €46.51 ($54.08). The company’s stock had a trading volume of 1,919,011 shares, compared to its average volume of 1,560,000. The firm’s 50 day moving average is €44.53 and its 200 day moving average is €45.02. The company has a market cap of $25.22 billion and a PE ratio of 19.76. The company has a debt-to-equity ratio of 104.94, a current ratio of 0.63 and a quick ratio of 0.44. Vonovia has a 52-week low of €38.07 ($44.27) and a 52-week high of €48.93 ($56.90).
Vonovia Company Profile
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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