Vonovia (OTCMKTS:VONOY) Stock Rating Upgraded by Berenberg Bank

Vonovia (OTCMKTS:VONOY) was upgraded by stock analysts at Berenberg Bank to a “strong-buy” rating in a report released on Friday, Zacks.com reports.

Separately, Barclays raised Vonovia to a “strong sell” rating in a report on Friday.

Vonovia Price Performance

OTCMKTS VONOY opened at $17.40 on Friday. Vonovia has a twelve month low of $10.38 and a twelve month high of $18.73. The business’s fifty day moving average is $17.13 and its 200 day moving average is $15.51.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings data on Thursday, August 1st. The company reported ($0.49) earnings per share for the quarter. Vonovia had a negative net margin of 61.15% and a negative return on equity of 9.45%. The firm had revenue of $1.36 billion for the quarter. Equities research analysts forecast that Vonovia will post 1.11 EPS for the current year.

Vonovia Company Profile

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.