Independent Research GmbH set a €145.00 ($172.62) price objective on Volkswagen AG (ETR:VOW3) in a research note released on Monday morning. The firm currently has a neutral rating on the stock.

Several other research firms also recently issued reports on VOW3. DZ Bank AG restated a neutral rating on shares of Volkswagen AG in a report on Thursday, June 8th. Berenberg Bank set a €105.00 ($125.00) price objective on Volkswagen AG and gave the stock a sell rating in a report on Wednesday, June 7th. Barclays PLC set a €174.00 ($207.14) price objective on Volkswagen AG and gave the stock a buy rating in a report on Monday, June 5th. Kepler Capital Markets set a €175.00 ($208.33) price objective on Volkswagen AG and gave the stock a buy rating in a report on Friday, June 2nd. Finally, Goldman Sachs Group, Inc. (The) set a €215.00 ($255.95) price objective on Volkswagen AG and gave the stock a buy rating in a report on Tuesday, May 30th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of €160.43 ($190.99).

Shares of Volkswagen AG (ETR VOW3) opened at 137.149 on Monday. Volkswagen AG has a one year low of €110.78 and a one year high of €156.32. The stock has a market capitalization of €68.75 billion and a P/E ratio of 8.429. The stock’s 50 day moving average is €130.12 and its 200-day moving average is €136.04.

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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.

Analyst Recommendations for Volkswagen AG (ETR:VOW3)

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