In a report released today, Simon Stippig from Warburg Research maintained a Buy rating on Vonovia (0QFT – Research Report), with a price target of €42.30. The company’s shares closed yesterday at €30.17.
According to TipRanks, Stippig is ranked #5498 out of 9189 analysts.
Currently, the analyst consensus on Vonovia is a Moderate Buy with an average price target of €36.31, a 20.35% upside from current levels. In a report released on November 25, Deutsche Bank also maintained a Buy rating on the stock with a €38.00 price target.
0QFT market cap is currently €25.08B and has a P/E ratio of -7.57.
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Vonovia (0QFT) Company Description:
Vonovia SE is a residential real estate company based out of Germany. Vonovia owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. Furthermore, it is responsible for the control and monitoring systems as well as risk management. Operations are split into three units: rental, extension, and sales. Outside of extension and rental services, Vonovia’s sales activities include managing its portfolio and real estate sales from any of its subportfolios.