Vonovia SE (OTCMKTS:VNNVF) Receives Average Rating of “Hold” from Analysts

Shares of Vonovia SE (OTCMKTS:VNNVF – Get Rating) have earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $39.57.

Several brokerages have commented on VNNVF. JPMorgan Chase & Co. decreased their price target on shares of Vonovia from €34.00 ($36.56) to €32.00 ($34.41) and set an “overweight” rating for the company in a research report on Thursday, December 1st. Barclays reduced their price target on shares of Vonovia from €30.00 ($32.26) to €28.00 ($30.11) and set an “equal weight” rating for the company in a research report on Wednesday, November 30th. Finally, Berenberg Bank dropped their price objective on shares of Vonovia from €50.00 ($53.76) to €39.00 ($41.94) in a research note on Monday, December 12th.

Vonovia Stock Performance

Shares of OTCMKTS VNNVF opened at $29.00 on Thursday. The company has a 50 day simple moving average of $24.39 and a 200-day simple moving average of $25.77. Vonovia has a 1 year low of $18.17 and a 1 year high of $59.45.

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.