Independent Research set a €183.00 ($217.86) target price on Volkswagen (ETR:VOW3) in a research note released on Tuesday morning. The brokerage currently has a neutral rating on the stock.

Several other research firms have also recently weighed in on VOW3. BNP Paribas set a €170.00 ($202.38) price objective on Volkswagen and gave the company a buy rating in a research report on Friday, September 8th. Credit Suisse Group set a €227.00 ($270.24) target price on Volkswagen and gave the stock a buy rating in a research report on Monday, October 30th. Kepler Capital Markets set a €190.00 ($226.19) target price on Volkswagen and gave the stock a buy rating in a research report on Wednesday, November 1st. Sanford C. Bernstein set a €150.00 ($178.57) target price on Volkswagen and gave the stock a neutral rating in a research report on Tuesday, October 3rd. Finally, Deutsche Bank reaffirmed a neutral rating on shares of Volkswagen in a research report on Monday, September 18th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and sixteen have given a buy rating to the company’s stock. Volkswagen currently has an average rating of Buy and a consensus target price of €182.52 ($217.29).

Volkswagen (ETR VOW3) traded up €5.74 ($6.83) during mid-day trading on Tuesday, reaching €171.44 ($204.10). The company had a trading volume of 1,430,000 shares, compared to its average volume of 12,563. Volkswagen has a fifty-two week low of €124.75 ($148.51) and a fifty-two week high of €179.30 ($213.45). The company has a market cap of $86,890.00 and a PE ratio of 12.38.

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Volkswagen Company Profile

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 (ETR:VOW3)

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