Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY – Get Rating) was downgraded by investment analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a research note issued to investors on Friday, The Fly reports.

VTSCY has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft lifted their target price on Vitesco Technologies Group Aktiengesellschaft from €65.00 ($70.65) to €70.00 ($76.09) and gave the company a "buy" rating in a research note on Tuesday, January 10th. The Goldman Sachs Group upgraded Vitesco Technologies Group Aktiengesellschaft from a "neutral" rating to a "buy" rating in a report on Tuesday, January 10th. Finally, JPMorgan Chase & Co. raised their price target on Vitesco Technologies Group Aktiengesellschaft from €65.00 ($70.65) to €70.00 ($76.09) and gave the company an "overweight" rating in a report on Friday, January 13th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $66.67.

Vitesco Technologies Group Aktiengesellschaft Price Performance

Shares of VTSCY opened at $13.36 on Friday. The business's 50 day moving average is $11.85 and its 200 day moving average is $10.76. Vitesco Technologies Group Aktiengesellschaft has a 12-month low of $5.67 and a 12-month high of $14.00.

About Vitesco Technologies Group Aktiengesellschaft

Vitesco Technologies Group Aktiengesellschaft engages in the development and production of components and system solutions for drivetrains in hybrid vehicles, electric vehicles, and combustion engines worldwide. It operates through Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing segments.

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