Vossloh downgraded to "hold"

16.05.08 - Deutsche Securities

LONDON, May 16 (newratings.com) - Analysts at Deutsche Bank Securities downgrade Vossloh AG (VOS) from "buy" to "hold." The target price is set to ?92.

In a research note published yesterday, the analysts mention that there is upside to the estimates for the company on account of the potential M&A opportunities and huge order wins. The analysts add, however, that Vossloh?s stock is trading at a price above the target price. There is limited upside to the target price, Deutsche Bank Securities says.