Barclays Reiterates “€45.00” Price Target for Vonovia (ETR:VNA)

Vonovia (ETR:VNA) has been assigned a €45.00 ($53.57) price objective by equities researchers at Barclays in a report issued on Tuesday, December 19th. The brokerage presently has a “buy” rating on the stock. Barclays’ price target points to a potential upside of 10.48% from the company’s current price.

VNA has been the subject of a number of other reports. Independent Research set a €39.00 ($46.43) price objective on shares of Vonovia and gave the stock a “neutral” rating in a report on Friday, October 20th. Morgan Stanley set a €45.00 ($53.57) target price on shares of Vonovia and gave the stock a “buy” rating in a research report on Wednesday, August 30th. UBS Group set a €39.00 ($46.43) target price on shares of Vonovia and gave the stock a “neutral” rating in a research report on Monday, October 16th. Commerzbank set a €40.00 ($47.62) target price on shares of Vonovia and gave the stock a “neutral” rating in a research report on Tuesday, November 14th. Finally, Nord/LB set a €42.00 ($50.00) price objective on shares of Vonovia and gave the company a “buy” rating in a research report on Thursday, October 19th. Eight investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of €43.69 ($52.01).

Vonovia (ETR VNA) traded up €0.53 ($0.63) during mid-day trading on Tuesday, hitting €40.73 ($48.49). 1,847,077 shares of the stock traded hands, compared to its average volume of 1,390,000. Vonovia has a 1 year low of €29.73 ($35.39) and a 1 year high of €42.64 ($50.76). The stock has a market capitalization of $19,760.00 and a price-to-earnings ratio of 5.88.

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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.

Analyst Recommendations for Vonovia (ETR:VNA)

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