Vonovia (ETR:VNA) has been given a €51.30 ($59.65) price objective by HSBC in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. HSBC’s price objective would indicate a potential upside of 6.96% from the stock’s previous close.
Several other equities analysts have also issued reports on the company. Barclays set a €52.00 ($60.47) price target on Vonovia and gave the company a “buy” rating in a research note on Monday, September 9th. Nord/LB set a €44.65 ($51.92) target price on Vonovia and gave the company a “neutral” rating in a research note on Monday, October 7th. Goldman Sachs Group set a €57.20 ($66.51) target price on Vonovia and gave the company a “buy” rating in a research note on Monday, September 16th. DZ Bank reissued a “neutral” rating on shares of Vonovia in a research note on Friday, August 2nd. Finally, Jefferies Financial Group set a €45.00 ($52.33) target price on Vonovia and gave the company a “neutral” rating in a research note on Monday, September 23rd. Four investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of €53.43 ($62.13).
Shares of VNA opened at €47.96 ($55.77) on Monday. The company has a quick ratio of 0.44, a current ratio of 0.63 and a debt-to-equity ratio of 104.94. Vonovia has a 12-month low of €39.40 ($45.81) and a 12-month high of €48.93 ($56.90). The firm has a market capitalization of $26.01 billion and a PE ratio of 20.37. The stock’s fifty day simple moving average is €45.34 and its 200-day simple moving average is €45.08.
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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