Sanford C. Bernstein Analysts Give Volkswagen AG (VOW3) a €150.00 Price Target
Volkswagen AG (ETR:VOW3) has been assigned a €150.00 ($176.47) price objective by Sanford C. Bernstein in a research note issued on Tuesday. The brokerage currently has a “neutral” rating on the stock.
Several other equities research analysts have also recently weighed in on VOW3. Goldman Sachs Group, Inc. (The) set a €215.00 ($252.94) target price on Volkswagen AG and gave the company a “buy” rating in a report on Monday, July 10th. J P Morgan Chase & Co set a €197.00 ($231.76) price target on Volkswagen AG and gave the stock a “buy” rating in a research note on Monday, July 10th. Berenberg Bank set a €105.00 ($123.53) price target on Volkswagen AG and gave the stock a “sell” rating in a research note on Tuesday, July 4th. equinet AG set a €166.00 ($195.29) price objective on Volkswagen AG and gave the company a “buy” rating in a research report on Tuesday, July 4th. Finally, Deutsche Bank AG set a €160.00 ($188.24) price objective on Volkswagen AG and gave the company a “neutral” rating in a research report on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €160.35 ($188.64).
Volkswagen AG (ETR VOW3) opened at 137.895 on Tuesday. The firm has a market cap of €69.13 billion and a P/E ratio of 8.474. The stock has a 50 day moving average of €132.34 and a 200-day moving average of €135.75. Volkswagen AG has a 12 month low of €110.78 and a 12 month high of €156.32.
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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