Kepler Capital Markets set a €220.00 ($261.90) price objective on Volkswagen (ETR:VOW3) in a report issued on Thursday morning. The firm currently has a buy rating on the stock.
Several other brokerages have also recently issued reports on VOW3. Morgan Stanley set a €135.00 ($160.71) target price on shares of Volkswagen and gave the company a neutral rating in a research report on Wednesday, August 9th. UBS set a €210.00 ($250.00) target price on shares of Volkswagen and gave the company a buy rating in a research report on Wednesday. Independent Research set a €141.00 ($167.86) target price on shares of Volkswagen and gave the company a neutral rating in a research report on Friday, August 11th. Sanford C. Bernstein set a €150.00 ($178.57) target price on shares of Volkswagen and gave the company a neutral rating in a research report on Wednesday, August 9th. Finally, Nord/LB set a €176.00 ($209.52) target price on shares of Volkswagen and gave the company a buy rating in a research report on Wednesday. Two analysts have rated the stock with a sell rating, six have given a hold rating and sixteen have assigned a buy rating to the company. The stock presently has an average rating of Buy and an average price target of €180.52 ($214.91).
Shares of Volkswagen (ETR:VOW3) opened at €172.15 ($204.94) on Thursday. Volkswagen has a one year low of €122.75 ($146.13) and a one year high of €179.30 ($213.45).
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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.
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