Jefferies Financial Group cut shares of Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY – Get Rating) from a buy rating to a hold rating in a report released on Friday morning, The Fly reports.

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

Vitesco Technologies Group Aktiengesellschaft Price Performance

VTSCY stock opened at $13.08 on Friday. Vitesco Technologies Group Aktiengesellschaft has a 52-week low of $5.67 and a 52-week high of $14.00. The company's 50-day simple moving average is $11.88 and its 200-day simple moving average is $10.83.

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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