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Kepler Capital Sticks to Its Buy Rating for Vonovia (0QFT)

Tipranks - Mon Mar 2, 7:32PM CST

In a report released on February 27, Thomas Neuhold from Kepler Capital maintained a Buy rating on Vonovia, with a price target of €46.00. The company’s shares closed last Friday at €28.69.

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According to TipRanks, Neuhold is a 2-star analyst with an average return of 0.2% and a 50.87% success rate. Neuhold covers the Real Estate sector, focusing on stocks such as LEG Immobilien, Patrizia Immobilien, and Vonovia.

In addition to Kepler Capital , Vonovia also received a Buy from DZ BANK AG’s Karsten Oblinger in a report issued on February 19. However, on the same day, Morgan Stanley upgraded Vonovia (LSE: 0QFT) to a Hold.

Based on Vonovia’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €1.5 billion and a net profit of €2.35 billion. In comparison, last year the company earned a revenue of €1.64 billion and had a GAAP net loss of €74 million

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