Deutsche Bank Reiterates “€47.50” Price Target for Vonovia (VNA)

Deutsche Bank set a €47.50 ($58.64) price objective on Vonovia (ETR:VNA) in a research note released on Wednesday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently commented on VNA. DZ Bank restated a buy rating on shares of Vonovia in a research note on Wednesday, October 18th. JPMorgan Chase & Co. set a €41.00 ($50.62) price target on Vonovia and gave the stock a neutral rating in a research note on Thursday, October 19th. Nord/LB set a €42.00 ($51.85) price objective on Vonovia and gave the stock a buy rating in a report on Thursday, October 19th. Independent Research set a €39.00 ($48.15) price objective on Vonovia and gave the stock a neutral rating in a report on Friday, October 20th. Finally, Citigroup set a €46.90 ($57.90) price objective on Vonovia and gave the stock a buy rating in a report on Friday, October 20th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have issued a buy rating to the company. The company has an average rating of Buy and an average target price of €44.75 ($55.25).

Shares of Vonovia (ETR:VNA) opened at €37.41 ($46.19) on Wednesday. Vonovia has a 52 week low of €31.92 ($39.41) and a 52 week high of €42.68 ($52.69). The company has a market capitalization of $18,230.00 and a P/E ratio of 5.40.

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Vonovia Company Profile

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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