Vonovia SE (OTCMKTS:VNNVF) Given Consensus Rating of “Buy” by Analysts

Shares of Vonovia SE (OTCMKTS:VNNVF – Get Rating) have been assigned a consensus recommendation of “Buy” from the ten analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $56.75.

A number of research firms have recently commented on VNNVF. Societe Generale started coverage on shares of Vonovia in a research report on Tuesday, January 18th. They issued a “buy” rating for the company. Royal Bank of Canada reduced their target price on Vonovia from €53.00 ($55.79) to €52.00 ($54.74) in a research report on Monday, March 28th. Finally, Morgan Stanley lowered Vonovia from an “overweight” rating to an “equal weight” rating and set a $48.00 price objective for the company. in a report on Monday, March 28th.

Shares of VNNVF opened at $35.73 on Friday. Vonovia has a 52-week low of $35.73 and a 52-week high of $72.97. The stock’s 50-day simple moving average is $46.13 and its 200 day simple moving average is $53.20.

Vonovia Company Profile (Get Rating)

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through five segments: Rental, Value-Add, Recurring Sales, Development, and Deutsche Wohnen. The company offers property management services; apartments and property-related services; and value-added services, including maintenance and modernization of properties, craftsmen and residential environment organization, residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.

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