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

Vonovia SE (OTCMKTS:VNNVFGet Rating) has been given a consensus recommendation of “Hold” by the eight brokerages that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $45.50.

A number of research firms have recently commented on VNNVF. JPMorgan Chase & Co. lowered their target price on Vonovia from €57.00 ($58.16) to €34.00 ($34.69) in a research note on Monday, September 19th. Barclays cut Vonovia from an “overweight” rating to an “equal weight” rating in a research note on Friday, September 16th. Finally, Deutsche Bank Aktiengesellschaft cut Vonovia from a “buy” rating to a “hold” rating in a research note on Wednesday, July 27th.

Vonovia Stock Performance

VNNVF opened at $24.08 on Wednesday. The business has a 50 day moving average of $22.12 and a 200-day moving average of $28.57. Vonovia has a 52 week low of $18.17 and a 52 week high of $59.45.

About Vonovia

(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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Analyst Recommendations for Vonovia (OTCMKTS:VNNVF)

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