Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on VAT Group AG (VTTGF – Research Report) and Global Ship Lease (GSL – Research Report).
VAT Group AG (VTTGF)
Deutsche Bank analyst Robert Sanders MBA maintained a Hold rating on VAT Group AG yesterday and set a price target of CHF360.00. The company’s shares closed last Tuesday at $486.00, close to its 52-week high of $490.00.
According to TipRanks.com, MBA is ranked #488 out of 8757 analysts.
Currently, the analyst consensus on VAT Group AG is a Hold with an average price target of $451.16, representing a -7.9% downside. In a report released today, UBS also maintained a Hold rating on the stock with a CHF380.00 price target.
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Global Ship Lease (GSL)
In a report released yesterday, Amit Mehrotra from Deutsche Bank maintained a Buy rating on Global Ship Lease, with a price target of $27.00. The company’s shares closed last Tuesday at $18.96.
According to TipRanks.com, Mehrotra is a 4-star analyst with an average return of
Global Ship Lease has an analyst consensus of Moderate Buy, with a price target consensus of $26.00, implying a 37.6% upside from current levels. In a report issued on March 4, Jefferies also maintained a Buy rating on the stock with a $25.00 price target.
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