Credit Suisse Group set a €212.00 ($249.41) price objective on Volkswagen AG (ETR:VOW3) in a research note issued to investors on Wednesday, October 18th. The firm currently has a buy rating on the stock.
A number of other brokerages have also recently weighed in on VOW3. BNP Paribas set a €170.00 ($200.00) price target on shares of Volkswagen AG and gave the stock a buy rating in a research note on Friday, September 8th. Sanford C. Bernstein set a €150.00 ($176.47) target price on shares of Volkswagen AG and gave the stock a neutral rating in a research note on Tuesday, October 3rd. Citigroup Inc. set a €194.00 ($228.24) target price on shares of Volkswagen AG and gave the stock a buy rating in a research note on Wednesday, August 9th. Deutsche Bank AG restated a neutral rating on shares of Volkswagen AG in a research note on Monday, September 18th. Finally, equinet AG set a €166.00 ($195.29) target price on shares of Volkswagen AG and gave the stock a buy rating in a research note on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of €165.57 ($194.78).
Shares of Volkswagen AG (ETR VOW3) traded up 4.125% during midday trading on Wednesday, reaching €151.251. 30,120 shares of the company’s stock were exchanged. The stock’s 50-day moving average is €140.02 and its 200 day moving average is €136.64. Volkswagen AG has a one year low of €111.70 and a one year high of €156.32. The firm has a market cap of €75.82 billion and a PE ratio of 9.295.
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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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