Jefferies Group Weighs in on Vonovia Se’s FY2019 Earnings (OTCMKTS:VONOY)

Vonovia Se (OTCMKTS:VONOY) – Jefferies Group lifted their FY2019 EPS estimates for Vonovia in a note issued to investors on Wednesday, according to Zacks Investment Research. Jefferies Group analyst T. Rothaeusler now anticipates that the company will post earnings per share of $1.34 for the year, up from their prior forecast of $1.23. Jefferies Group also issued estimates for Vonovia’s FY2020 earnings at $1.44 EPS.

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Other research analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Vonovia from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Tuesday, March 13th. Deutsche Bank raised shares of Vonovia from a “hold” rating to a “buy” rating in a research report on Wednesday, February 14th.

VONOY stock traded down $1.75 during midday trading on Friday, reaching $23.25. 100 shares of the company’s stock traded hands, compared to its average volume of 933. The stock has a market cap of $22,557.15 and a price-to-earnings ratio of 8.13. Vonovia has a fifty-two week low of $19.35 and a fifty-two week high of $25.50.

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About Vonovia

Vonovia SE operates as an integrated real estate company in Germany. It operates through three segments: Rental, Extension, and Sales. The company offers apartments; and sells single units and buildings or plots of land, as well as provides property-related services. As of December 31, 2016, it managed 333,381 residential units, 85,421 garages and parking spaces, and 3,405 commercial units, as well as managed 58,969 units for other owners.

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