DZ Bank AG Reiterates Sell Rating for Volkswagen AG (VOW3)
Volkswagen AG (ETR:VOW3)‘s stock had its “sell” rating restated by DZ Bank AG in a report released on Thursday.
Other analysts have also recently issued reports about the company. Citigroup Inc. set a €194.00 ($225.58) price target on Volkswagen AG and gave the stock a “buy” rating in a report on Wednesday, August 9th. Sanford C. Bernstein set a €150.00 ($174.42) price target on Volkswagen AG and gave the stock a “neutral” rating in a report on Wednesday, September 20th. Deutsche Bank AG set a €160.00 ($186.05) price target on Volkswagen AG and gave the stock a “neutral” rating in a report on Thursday, July 13th. Kepler Capital Markets set a €175.00 ($203.49) target price on Volkswagen AG and gave the company a “buy” rating in a report on Monday, July 31st. Finally, Nord/LB set a €145.00 ($168.60) target price on Volkswagen AG and gave the company a “buy” rating in a report on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and fifteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of €173.04 ($201.21).
Shares of Volkswagen AG (ETR:VOW3) opened at €156.50 ($181.98) on Thursday. Volkswagen AG has a twelve month low of €113.40 ($131.86) and a twelve month high of €165.45 ($192.38).
About Volkswagen AG
Volkswagen Aktiengesellschaft, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and genuine parts.
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