Volkswagen AG (VOW3) Given a €150.00 Price Target at Independent Research GmbH
Independent Research GmbH set a €150.00 ($176.47) target price on Volkswagen AG (ETR:VOW3) in a research report report published on Monday morning. The brokerage currently has a neutral rating on the stock.
VOW3 has been the topic of a number of other research reports. DZ Bank AG restated a sell rating on shares of Volkswagen AG in a research note on Tuesday, August 22nd. J P Morgan Chase & Co set a €213.00 ($250.59) target price on Volkswagen AG and gave the company a buy rating in a research note on Thursday, August 31st. Sanford C. Bernstein set a €150.00 ($176.47) target price on Volkswagen AG and gave the company a neutral rating in a research note on Monday, September 4th. BNP Paribas set a €170.00 ($200.00) target price on Volkswagen AG and gave the company a buy rating in a research note on Wednesday, July 12th. Finally, Barclays PLC set a €174.00 ($204.71) target price on Volkswagen AG and gave the company a buy rating in a research note on Thursday, July 13th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €160.65 ($189.00).
Shares of Volkswagen AG (VOW3) opened at 143.78 on Monday. Volkswagen AG has a 12-month low of €111.70 and a 12-month high of €156.32. The company’s 50 day moving average price is €136.01 and its 200-day moving average price is €136.06. The firm has a market cap of €72.08 billion and a P/E ratio of 8.84.
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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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