Vonovia

Vonovia traded weaker on Monday after Barclays reiterated its "Underweight" rating and lowered the price target from €23 to €20. Goldman Sachs reduced its price target from €34.20 to €29.50 but kept its rating at "Buy." The company continues to benefit from rising rental income but remains weighed down by analyst skepticism. » Altro su finanzen.net

Jefferies analyst Pierre-Emmanuel Clouard keeps the rating for Vonovia at Buy, but points to persistently high net initial yields that do not indicate a recovery in property valuations. According to July data, the portfolio values of German residential property companies are more at risk of declining. The Vonovia share traded at €19.95 (-0.2%) and is 13.9% down year-to-date 2026. » Altro su finanzen.net

Vonovia shares fell below the key €20 mark and are trading close to their 52‑week low, with the 50‑day moving average at €20.61 acting as short‑term resistance. Analyst sentiment is mostly buy, though some assessments are older; Barclays currently recommends sell. The half‑year report shows stable lettings and a slightly higher adjusted EBITDA, but a pronounced drop in operating free cash flow and a slightly increased leverage; the 2026 guidance remains unchanged. » Altro su finanzen.net