Shares of Vitesco Technologies Group Aktiengesellschaft (OTC:VTSCY – Get Rating) traded down 1.1% during trading on Thursday . The company traded as low as $13.76 and last traded at $14.32. 7,694 shares traded hands during trading, an increase of 680% from the average session volume of 987 shares. The stock had previously closed at $14.49.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the stock. 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. HSBC upgraded shares of Vitesco Technologies Group Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Thursday, March 16th. Jefferies Financial Group lowered shares of Vitesco Technologies Group Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Friday, January 20th. Deutsche Bank Aktiengesellschaft lifted 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 report on Tuesday, January 10th. Finally, JPMorgan Chase & Co. lifted their price objective 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 report on Friday, January 13th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $66.67.
Get Vitesco Technologies Group Aktiengesellschaft alerts:Vitesco Technologies Group Aktiengesellschaft Price Performance
The business's 50-day moving average price is $14.00 and its 200-day moving average price is $12.23.
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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