Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY – Get Rating) was upgraded by research analysts at HSBC from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Thursday, The Fly reports.
Several other brokerages have also recently issued reports on VTSCY. JPMorgan Chase & Co. upped their target price on shares of Vitesco Technologies Group Aktiengesellschaft from €65.00 ($69.89) to €70.00 ($75.27) and gave the company an "overweight" rating in a report on Friday, January 13th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Vitesco Technologies Group Aktiengesellschaft from €65.00 ($69.89) to €70.00 ($75.27) and gave the company a "buy" rating in a report on Tuesday, January 10th. Jefferies Financial Group cut shares of Vitesco Technologies Group Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Friday, January 20th. Finally, The Goldman Sachs Group upgraded shares of Vitesco Technologies Group Aktiengesellschaft from a "neutral" rating to a "buy" rating in a report on Tuesday, January 10th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $66.67.
Get Vitesco Technologies Group Aktiengesellschaft alerts:Vitesco Technologies Group Aktiengesellschaft Trading Down 2.2 %
OTC VTSCY opened at $12.73 on Thursday. The firm has a 50 day moving average of $13.80 and a two-hundred day moving average of $11.82. Vitesco Technologies Group Aktiengesellschaft has a 52 week low of $6.83 and a 52 week high of $14.91.
Vitesco Technologies Group Aktiengesellschaft Company Profile
(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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