Volkswagen (VOW3) Given a €210.00 Price Target at Macquarie
Volkswagen (ETR:VOW3) received a €210.00 ($250.00) price target from research analysts at Macquarie in a report issued on Thursday. The firm currently has a “buy” rating on the stock. Macquarie’s price target would suggest a potential upside of 18.11% from the company’s previous close.
Several other equities analysts have also recently issued reports on VOW3. Goldman Sachs Group set a €195.00 ($232.14) price objective on Volkswagen and gave the company a “buy” rating in a report on Thursday, October 19th. Citigroup set a €199.00 ($236.90) price objective on Volkswagen and gave the company a “buy” rating in a report on Wednesday, October 18th. Sanford C. Bernstein set a €180.00 ($214.29) price objective on Volkswagen and gave the company a “buy” rating in a report on Thursday, October 19th. Credit Suisse Group set a €227.00 ($270.24) price objective on Volkswagen and gave the company a “buy” rating in a report on Wednesday, November 29th. Finally, Morgan Stanley set a €135.00 ($160.71) price objective on Volkswagen and gave the company a “neutral” rating in a report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, four have given a hold rating and eighteen have assigned a buy rating to the company’s stock. Volkswagen currently has a consensus rating of “Buy” and a consensus target price of €186.87 ($222.46).
Volkswagen (ETR VOW3) traded down €0.40 ($0.48) during trading on Thursday, reaching €177.80 ($211.67). The company’s stock had a trading volume of 1,040,000 shares, compared to its average volume of 1,210,000. The stock has a market cap of $89,510.00 and a P/E ratio of 12.84. Volkswagen has a twelve month low of €124.75 ($148.51) and a twelve month high of €181.32 ($215.86).
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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