Goldman Sachs Upgrades Vitesco Technologies Group AG (VTSCF) to Hold

Stock Market

Vitesco Technologies Group AG (VTSCFResearch Report) received a Hold rating and a EUR46.00 price target from Goldman Sachs analyst George Galliers today. The company’s shares closed last Monday at $49.41.

According to TipRanks.com, Galliers is a 2-star analyst with an average return of 1.5% and a 53.7% success rate. Galliers covers the Consumer Goods sector, focusing on stocks such as Compagnie Générale des Établissements Michelin, Bayerische Motoren Werke Aktiengesellschaft, and Stellantis.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vitesco Technologies Group AG with a $71.69 average price target, representing a 45.1% upside. In a report issued on November 19, Kepler Capital also maintained a Hold rating on the stock with a EUR58.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

You Might Like

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Vitesco Technologies Group AG focuses on the development and production of components and system solutions for the powertrain of hybrid and electric vehicles and combustion engine-based vehicles. Its portfolio includes 48 Volt electrification solutions, electric drives, and power electronics for hybrid and battery electric vehicles. Furthermore, the product range counts electronic controls, sensors, actuators, turbochargers, hydraulic components, and pumps as well as solutions for exhaust after-treatment. Its operating segments are Electronic Controls, Electrification Technology, Sensing & Actuation, and Contract Manufacturing.

Read More on VTSCF:

Articles You May Like

Gold and Silver Price Outlook 2022: Exploring The Bullish Momentum
175-Year-Old News Cooperative the Associated Press Plans to Launch NFT Marketplace
The United States vs. Canada: Differences in Investing
Fed Playing With Fire: Bubbles May Burst While Bond Yield, Gold & Silver Rally
Tesco and M&S enjoy strong Christmas but remain cautious over price rises

Leave a Reply

Your email address will not be published. Required fields are marked *