DZ Bank Lowers Vonovia (OTCMKTS:VNNVF) to Hold

Vonovia (OTCMKTS:VNNVF) was downgraded by research analysts at DZ Bank from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, The Fly reports.

VNNVF has been the subject of several other research reports. Barclays reaffirmed an “overweight” rating on shares of Vonovia in a report on Wednesday, August 11th. UBS Group reaffirmed a “buy” rating on shares of Vonovia in a research note on Thursday, July 1st. Finally, Berenberg Bank restated a “buy” rating on shares of Vonovia in a report on Thursday, August 26th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy”.

Shares of OTCMKTS VNNVF remained flat at $$63.26 during trading on Wednesday. 193 shares of the stock were exchanged, compared to its average volume of 1,567. The business’s fifty day moving average price is $68.50 and its 200-day moving average price is $66.75. Vonovia has a twelve month low of $60.59 and a twelve month high of $74.91.

Vonovia Company Profile

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. 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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