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J.P. Morgan Sticks to Its Buy Rating for Vonovia (0QFT)
J.P. Morgan analyst Neil Green maintained a Buy rating on Vonovia today and set a price target of €36.00.
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According to TipRanks, Green is a 2-star analyst with an average return of 0.4% and a 46.12% success rate. Green covers the Real Estate sector, focusing on stocks such as Vonovia, Derwent London plc REIT, and Segro plc (REIT).
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Vonovia with a €37.32 average price target.
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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