In a report released today, Robert Grindle from Deutsche Bank maintained a Hold rating on Vantage Towers AG (VTWRF – Research Report), with a price target of EUR34.00. The company’s shares closed last Wednesday at $29.00.
Grindle has an average return of 7.1% when recommending Vantage Towers AG.
According to TipRanks.com, Grindle is ranked #2987 out of 7952 analysts.
Currently, the analyst consensus on Vantage Towers AG is a Hold with an average price target of $32.65, representing a 13.6% upside. In a report released yesterday, Goldman Sachs also maintained a Hold rating on the stock with a EUR32.00 price target.
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Vantage Towers AG is a European mobile telecommunications tower infrastructure operator as measured by the scale and geographic diversification. It generates revenue by leasing space on its Sites and providing related services as well as by constructing new BTS Sites. The company has four reporting segments, comprising Germany, Spain, Greece, and Other European Markets. Substantial revenue comes from Germany.
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