Vapiano (ETR:VAO) has been assigned a €7.00 ($8.14) target price by stock analysts at Berenberg Bank in a note issued to investors on Monday. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target suggests a potential downside of 2.78% from the stock’s previous close.
Several other analysts also recently weighed in on the company. Kepler Capital Markets set a €16.00 ($18.60) target price on Vapiano and gave the company a “neutral” rating in a research note on Wednesday, November 28th. Jefferies Financial Group set a €13.70 ($15.93) price target on Vapiano and gave the company a “neutral” rating in a report on Wednesday, November 28th. Barclays set a €7.00 ($8.14) price target on Vapiano and gave the stock a “neutral” rating in a research report on Wednesday, November 28th. Finally, equinet set a €11.00 ($12.79) price target on Vapiano and gave the company a “buy” rating in a research note on Friday, November 23rd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of €10.94 ($12.72).
Shares of ETR:VAO traded up €0.11 ($0.13) on Monday, hitting €7.20 ($8.37). The company’s stock had a trading volume of 25,724 shares, compared to its average volume of 18,480. Vapiano has a 12 month low of €18.92 ($22.00) and a 12 month high of €25.00 ($29.07).
Vapiano SE operates a chain of restaurants in the fast casual dining segment in Germany, rest of the Europe, and internationally. As of July 12, 2018, it operated 215 restaurants under the corporate restaurants, joint venture restaurants, and franchise restaurants in 33 countries. The company was founded in 2002 and is headquartered in Cologne, Germany.
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