After 1 and a half year an update becomes necessary. The trend could now slowly come to an end and the imminent mass unemployment (despite legalized insolvency delay till 31.12.2020) will lead to rent losses at Vonovia. In addition, the government is looking for new tax revenues or could even enter forced loans from property owners in the land register. For me,...
Vonvovia SE one of the biggest property holdings just got back above the EMA 50 on weeks close; a quite reliable trend indicator in the past of this stock. Analyst ratings are on average at Buy with a PT of 48,26€. Fundamentally, Vonovia reported a great quarter in Q3 with double digit growth in FFO, mainly driven by EBITDA operations improvement, but also lower...
If it breaks the Trendline theres a buy. Strong Company in german Real Estate with 1yr performance of 9.5%. 3 year performance 77.7%.