Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY – Get Rating)'s share price fell 4% on Tuesday . The stock traded as low as $13.48 and last traded at $13.48. 282 shares changed hands during trading, a decline of 71% from the average session volume of 969 shares. The stock had previously closed at $14.03.
Analysts Set New Price Targets
Several brokerages have recently weighed in on VTSCY. The Goldman Sachs Group upgraded Vitesco Technologies Group Aktiengesellschaft from a "neutral" rating to a "buy" rating in a research note on Tuesday, January 10th. Deutsche Bank Aktiengesellschaft raised their target price on Vitesco Technologies Group Aktiengesellschaft from €65.00 ($69.15) to €70.00 ($74.47) and gave the company a "buy" rating in a research note on Tuesday, January 10th. JPMorgan Chase & Co. raised their target price on Vitesco Technologies Group Aktiengesellschaft from €65.00 ($69.15) to €70.00 ($74.47) and gave the company an "overweight" rating in a research note on Friday, January 13th. Finally, Jefferies Financial Group downgraded Vitesco Technologies Group Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Friday, January 20th. One 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 an average rating of "Moderate Buy" and an average target price of $66.67.
Get Vitesco Technologies Group Aktiengesellschaft alerts:Vitesco Technologies Group Aktiengesellschaft Stock Down 4.0 %
The stock has a 50 day moving average of $13.63 and a 200 day moving average of $11.66.
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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