Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY – Get Rating) was downgraded by analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a report issued on Friday, The Fly reports.
Other research analysts have also recently issued research reports about the stock. The Goldman Sachs Group raised shares of Vitesco Technologies Group Aktiengesellschaft from a "neutral" rating to a "buy" rating in a research report on Tuesday, January 10th. JPMorgan Chase & Co. upped their target price on shares of Vitesco Technologies Group Aktiengesellschaft from €65.00 ($70.65) to €70.00 ($76.09) and gave the company an "overweight" rating in a research report on Friday, January 13th. Finally, Deutsche Bank Aktiengesellschaft upped their target price 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 report on Tuesday, January 10th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $66.67.
Get Vitesco Technologies Group Aktiengesellschaft alerts:Vitesco Technologies Group Aktiengesellschaft Price Performance
Shares of VTSCY opened at $13.08 on Friday. Vitesco Technologies Group Aktiengesellschaft has a 12-month low of $5.67 and a 12-month high of $14.00. The firm has a 50-day moving average price of $11.88 and a 200 day moving average price of $10.81.
About Vitesco Technologies Group Aktiengesellschaft
(Get Rating)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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