Nord/LB Reiterates “€44.65” Price Target for Vonovia (VNA)
Vonovia (ETR:VNA) received a €44.65 ($51.92) price target from Nord/LB in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Nord/LB’s price target would suggest a potential downside of 2.66% from the stock’s current price.
Several other research analysts also recently issued reports on the stock. JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on shares of Vonovia and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley set a €52.00 ($60.47) target price on shares of Vonovia and gave the company a “buy” rating in a research note on Wednesday. Hauck & Aufhaeuser set a €55.00 ($63.95) target price on shares of Vonovia and gave the company a “buy” rating in a research note on Monday. DZ Bank reissued a “buy” rating on shares of Vonovia in a research note on Monday. Finally, Deutsche Bank set a €51.50 ($59.88) target price on shares of Vonovia and gave the company a “buy” rating in a research note on Friday, March 8th. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of €49.65 ($57.73).
ETR:VNA opened at €45.87 ($53.34) on Thursday. Vonovia has a 52-week low of €37.38 ($43.47) and a 52-week high of €44.89 ($52.20). The company has a current ratio of 0.47, a quick ratio of 0.29 and a debt-to-equity ratio of 106.63. The stock has a market cap of $23.76 billion and a PE ratio of 8.72.
Vonovia SE operates as an integrated real estate company in Germany. The company operates through three segments: Rental, Value-Add Business, and Sales. It offers apartments; provides property-related services; and sells single units, and buildings or plots of land. As of December 31, 2017, it had a real estate portfolio comprising 344,586 residential units; 89,588 garages and parking spaces; and 3,888 commercial units, as well as managed 62,631 residential units for other owners.
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