Vonovia (ETR:VNA) received a €52.00 ($60.47) target price from investment analysts at Royal Bank of Canada in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 2.77% from the company’s previous close.
Several other equities research analysts also recently weighed in on VNA. Morgan Stanley set a €52.00 ($60.47) price target on Vonovia and gave the stock a “buy” rating in a report on Thursday, September 26th. HSBC set a €51.30 ($59.65) price target on Vonovia and gave the stock a “buy” rating in a report on Monday, October 21st. Hauck & Aufhaeuser set a €56.00 ($65.12) price target on Vonovia and gave the stock a “buy” rating in a report on Friday, November 8th. Goldman Sachs Group set a €62.10 ($72.21) price target on Vonovia and gave the stock a “buy” rating in a report on Friday. Finally, Barclays set a €52.00 ($60.47) price target on Vonovia and gave the stock a “buy” rating in a report on Tuesday, November 5th. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of €53.99 ($62.77).
Shares of ETR VNA traded up €0.28 ($0.33) during midday trading on Tuesday, hitting €50.60 ($58.84). The company’s stock had a trading volume of 981,300 shares, compared to its average volume of 1,560,000. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 106.20. The business’s 50 day moving average is €47.87 and its two-hundred day moving average is €46.00. Vonovia has a 12-month low of €41.54 ($48.30) and a 12-month high of €50.30 ($58.49). The firm has a market cap of $27.47 billion and a P/E ratio of 28.27.
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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