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Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY) Shares Up 0.3%

Defense World ·  Feb 11, 2023 02:22

Shares of Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY – Get Rating) rose 0.3% on Friday . The company traded as high as $14.62 and last traded at $14.49. Approximately 406 shares changed hands during trading, a decline of 66% from the average daily volume of 1,210 shares. The stock had previously closed at $14.44.

Analyst Ratings Changes

VTSCY has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of Vitesco Technologies Group Aktiengesellschaft from €65.00 ($69.89) to €70.00 ($75.27) and gave the stock an "overweight" rating in a research report on Friday, January 13th. Jefferies Financial Group downgraded shares of Vitesco Technologies Group Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Friday, January 20th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Vitesco Technologies Group Aktiengesellschaft from €65.00 ($69.89) to €70.00 ($75.27) and gave the stock a "buy" rating in a research report on Tuesday, January 10th. Finally, 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. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Vitesco Technologies Group Aktiengesellschaft currently has an average rating of "Moderate Buy" and a consensus price target of $66.67.

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Vitesco Technologies Group Aktiengesellschaft Stock Performance

The company has a 50 day moving average of $12.86 and a 200-day moving average of $11.28.

About Vitesco Technologies Group Aktiengesellschaft

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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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