tiprankstipranks
Blurbs

Kepler Capital Sticks to Its Buy Rating for Vitesco Technologies Group AG (VTSCF)

In a report issued on July 8, Alexandre Raverdy from Kepler Capital maintained a Buy rating on Vitesco Technologies Group AG (VTSCFResearch Report), with a price target of EUR47.00. The company’s shares closed last Tuesday at $39.33, equals to its 52-week low of $39.33.

According to TipRanks.com, Raverdy is ranked #6719 out of 7924 analysts.

Currently, the analyst consensus on Vitesco Technologies Group AG is a Moderate Buy with an average price target of $55.13, which is a 22.9% upside from current levels. In a report issued on July 6, UBS also maintained a Buy rating on the stock with a EUR60.00 price target.

See today’s best-performing stocks on TipRanks >>

Based on Vitesco Technologies Group AG’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.26 billion and GAAP net loss of $11.3 million. In comparison, last year the company earned revenue of $2.3 billion and had a GAAP net loss of $31.7 million.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VTSCF in relation to earlier this year.

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:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed