Home Business & Finance Stock market: Vitesco Technologies Group share cannot hold its ground – 01/14/22...

Stock market: Vitesco Technologies Group share cannot hold its ground – 01/14/22 – News

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Stock market: Vitesco Technologies Group share cannot hold its ground - 01/14/22 - News

Friday, 01/14/2022 11:14 am from ARIVA.DE | Views: 30 The stock prices at a glance. © gopixa / iStock / Getty Images Plus / Getty Images http://www.gettyimages.de/ Trade SDAX (Performance) shares permanently for 0 euros! Now on Smartbroker.de The security of the Vitesco Technologies Group is currently in the red on the stock market. The paper became cheaper by 1.60 euros. The share is currently valued at EUR 49.10 on the stock exchange. Compared to the market as a whole, Vitesco Technologies Group shares are not doing so well. The SDAX (SDAX) is currently 0.55 percent down on the previous day’s closing price. He scored 15,943 points. The Vitesco Technologies Group share certificate went on sale today at a price of EUR 49.10. The previous daily high of the paper is 50.10 euros.

The company Vitesco Technologies Group

Vitesco Technologies is an international developer and manufacturer of modern drive technologies for sustainable mobility. The company offers intelligent system solutions and components for electric, hybrid and combustion drives. The product portfolio includes electric drives, electronic controls, sensors and actuators as well as solutions for exhaust aftertreatment. New business figures are expected for March 25, 2022.

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This is how analysts see the Vitesco Technologies Group share

The Vitesco Technologies Group share is covered by several analysts. The analyst firm Jefferies has left the rating for Vitesco at “Buy” with a target price of EUR 88. Analyst Sascha Gommel wrote in a study published on Thursday that the stock has done best among the auto suppliers since the beginning of the year with an increase of 18 percent. Reasons for this include good order intake in the fourth quarter in the electrification business and an ambitious goal for achieving climate neutrality. The US bank JPMorgan has left Vitesco’s rating at “Neutral” with a target price of EUR 66. As part of an overhaul of his valuation model for the auto parts supplier, analyst Jose Asumendi reduced his 2022 revenue growth forecast by 4 percent. He also lowered his profitability estimate (EBIT margin), the expert wrote in a study available on Monday. This article was standardized by ARIVA.DE using company information from Finance Base and stock analysis from dpa-AFX. Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 34 b WpHG for the analyst firms mentioned can be found here. advertising

further down?

Short-term positioning in SDAX (performance)
Ask: 3.26 Leverage: 4.85
with moderate leverage

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