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Disclosure according to sec. 85 German Securities Trading Act and Art. 20 MAR for company VTG Aktiengesellschaft:

  • Companies affiliated with Warburg Research manage financial instruments, which are, or the issuers of which are, subject of the research recommendation, in a market based on the provision of buy or sell contracts.
  • Companies affiliated with Warburg Research regularly trade financial instruments of the analysed company or derivatives of these.
  • Markings in the chart show rating changes by Warburg Research GmbH in the last 12 months. Every marking details the date and closing price on the day of the rating change.
    Recommendation/Target Price History

    Date Recommendation Target Price Close Price Analyst
    14.11.2018 Hold 56.00 EUR 52.90 EUR Christian Cohrs
    16.08.2018 Buy 61.00 EUR 54.50 EUR Christian Cohrs
    23.05.2018 Buy 56.50 EUR 50.10 EUR Christian Cohrs


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