Vonovia SE (OTCMKTS:VNNVF) Given Average Rating of “Buy” by Analysts

Shares of Vonovia SE (OTCMKTS:VNNVFGet Rating) have been assigned an average rating of “Buy” from the ten research firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $56.75.

Several research firms have recently commented on VNNVF. Royal Bank of Canada reduced their price target on Vonovia from €53.00 ($55.79) to €52.00 ($54.74) in a research report on Monday, March 28th. Societe Generale started coverage on Vonovia in a research report on Tuesday, January 18th. They issued a “buy” rating for the company. Finally, Morgan Stanley lowered Vonovia from an “overweight” rating to an “equal weight” rating and set a $48.00 target price on the stock. in a research report on Monday, March 28th.

OTCMKTS:VNNVF traded down $0.59 during mid-day trading on Friday, reaching $34.42. 186 shares of the company’s stock were exchanged, compared to its average volume of 2,528. Vonovia has a one year low of $33.52 and a one year high of $72.97. The business’s fifty day simple moving average is $44.58 and its two-hundred day simple moving average is $52.18.

About Vonovia (Get Rating)

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through five segments: Rental, Value-Add, Recurring Sales, Development, and Deutsche Wohnen. The company offers property management services; apartments and property-related services; and value-added services, including maintenance and modernization of properties, craftsmen and residential environment organization, residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.

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Analyst Recommendations for Vonovia (OTCMKTS:VNNVF)

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