Vantage Towers (OTCMKTS:VTWRF) Stock Rating Lowered by Jefferies Financial Group

Jefferies Financial Group downgraded shares of Vantage Towers (OTCMKTS:VTWRFGet Rating) from a buy rating to a hold rating in a research note published on Monday morning, The Fly reports.

VTWRF has been the subject of several other reports. Credit Suisse Group initiated coverage on Vantage Towers in a research report on Friday, September 2nd. They issued a neutral rating for the company. JPMorgan Chase & Co. cut their target price on Vantage Towers from €27.00 ($27.55) to €26.50 ($27.04) in a research note on Wednesday, October 5th. Finally, Citigroup upgraded Vantage Towers from a neutral rating to a buy rating in a research note on Tuesday, September 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus price target of $31.63.

Vantage Towers Stock Performance

Vantage Towers stock opened at $33.80 on Monday. The business has a 50-day moving average of $27.29 and a 200-day moving average of $29.01. Vantage Towers has a 1 year low of $24.55 and a 1 year high of $37.05.

About Vantage Towers

(Get Rating)

Vantage Towers AG, a tower infrastructure company, engages in the acquisition, leasing, construction, maintenance, and management of passive network infrastructure for mobile communications in Germany, Spain, Greece, and other European Markets. Its product portfolio includes towers, masts, rooftop sites, distributed antenna systems, and small cells.

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