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Vitesco Technologies Group AG (VTSCF) Receives a Hold from Goldman Sachs

In a report released today, Philipp Konig from Goldman Sachs maintained a Hold rating on Vitesco Technologies Group AG (VTSCFResearch Report), with a price target of EUR42.00. The company’s shares closed last Tuesday at $39.33, equals to its 52-week low of $39.33.

According to TipRanks.com, Konig is ranked #5490 out of 7912 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vitesco Technologies Group AG with a $54.87 average price target.

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The company has a one-year high of $58.95 and a one-year low of $39.33. Currently, Vitesco Technologies Group AG has an average volume of 1.

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:

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