Vitesco Technologies: Stock Rating Updates 1

Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY) has received a “Moderate Buy” rating from seven brokerages covering the company. Goldman Sachs upgraded Vitesco Technologies Group Aktiengesellschaft from a “neutral” to a “buy” rating, while Jefferies Financial Group lowered the company’s rating from “buy” to “hold.” Deutsche Bank Aktiengesellschaft raised the price objective on Vitesco Technologies Group Aktiengesellschaft to €70.00 ($75.27) from €65.00 ($69.89) and gave the company a “buy” rating. JP Morgan Chase & Co. also increased their target price from €65.00 ($69.89) to €70.00 ($75.27) and gave the stock an “overweight” rating. HSBC raised their rating on Vitesco Technologies Group Aktiengesellschaft from “hold” to “buy.” The company specializes in developing and producing drivetrain components and system solutions for hybrid vehicles, electric vehicles, and combustion engines globally. Vitesco Technologies Group Aktiengesellschaft’s 52-week high is $14.91, while the 52-week low is $6.83.

Vitesco Technologies Group Aktiengesellschaft logo

Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY) has been given a “Moderate Buy” rating by seven brokerages covering the company. Analysts from Goldman Sachs upgraded Vitesco Technologies Group Aktiengesellschaft from a “neutral” to a “buy” rating, while Jefferies Financial Group lowered the company’s rating from “buy” to “hold.” Deutsche Bank Aktiengesellschaft raised the price objective on Vitesco Technologies Group Aktiengesellschaft to €70.00 ($75.27) from €65.00 ($69.89) and gave the company a “buy” rating. JP Morgan Chase & Co. also increased their target price from €65.00 ($69.89) to €70.00 ($75.27) and gave the stock an “overweight” rating. HSBC raised their rating on Vitesco Technologies Group Aktiengesellschaft from “hold” to “buy.”

Analyst Recommendations for Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY)

Shares of Vitesco Technologies Group Aktiengesellschaft opened at $12.73 on Thursday. The company has a 50-day moving average price of $13.80 and a 200-day moving average price of $11.84. Vitesco Technologies Group Aktiengesellschaft’s 52-week high is $14.91, while the 52-week low is $6.83.

Vitesco Technologies Group Aktiengesellschaft specializes in developing and producing drivetrain components and system solutions for hybrid vehicles, electric vehicles, and combustion engines globally. The company operates through four segments: Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing. To stay updated with the latest news and ratings on Vitesco Technologies Group Aktiengesellschaft, sign up for MarketBeat.com’s free daily email newsletter.

Don’t miss interesting posts on Famousbio

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Reduce IT Employee Fatigue: Gartner’s Four-Step Plan

Successful organizations must involve top executives, lower organizational layers, IT, and business…

Major Changes to Professional Award

The Professional Employees Award 2020 is set to undergo changes proposed by…

Uber stock gets RBC’s “outperform” rating

Uber Technologies’ stock has recently been given an “outperform” rating by Royal…

Mastering Digital Marketing Science

Denner Liebert shared his expertise in digital marketing during his speech at…