Volkswagen AG (ETR:VOW3) has been given a €120.00 ($133.33) price objective by Nord/LB in a report issued on Friday. The brokerage currently has a a “neutral” rating on the stock.

A number of other equities research analysts have also recently commented on VOW3. Morgan Stanley set a €125.00 ($138.89) target price on Volkswagen AG and gave the company a “neutral” rating in a report on Tuesday, May 31st. JPMorgan Chase & Co. set a €168.00 ($186.67) target price on Volkswagen AG and gave the company a “neutral” rating in a report on Wednesday, June 1st. Independent Research GmbH set a €114.00 ($126.67) target price on Volkswagen AG and gave the company a “sell” rating in a report on Wednesday, June 1st. BNP Paribas set a €154.00 ($171.11) target price on Volkswagen AG and gave the company a “buy” rating in a report on Wednesday, June 1st. Finally, DZ Bank AG reiterated a “sell” rating on shares of Volkswagen AG in a report on Wednesday, June 1st. Six research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of €136.76 ($151.96).

Shares of Volkswagen AG (ETR:VOW3) opened at 119.605 on Friday. The stock’s market cap is €59.96 billion. The company has a 50 day moving average price of €123.06 and a 200 day moving average price of €120.47. Volkswagen AG has a 12-month low of €86.46 and a 12-month high of €138.90.

Volkswagen AG Company Profile

Volkswagen AG is a Germany-based automobile manufacturer and a carmaker in Europe. The Company develops vehicles and components, and produces and sells vehicles, in particular passenger cars and light commercial vehicles for the passenger cars and commercial vehicles brands. The activities of the Company’s Automotive division consists of the development of vehicles and engines, the production and sale of passenger cars, light commercial vehicles, trucks, buses and motorcycles, as well as the genuine parts, large-bore diesel engines, turbomachinery, special gear units, propulsion components and testing systems businesses.

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