Volkswagen (VOW3) Given a €160.00 Price Target at Morgan Stanley

Morgan Stanley set a €160.00 ($197.53) target price on Volkswagen (ETR:VOW3) in a report released on Friday morning. The brokerage currently has a neutral rating on the stock.

Several other brokerages have also recently weighed in on VOW3. Warburg Research set a €200.00 ($246.91) price objective on Volkswagen and gave the company a buy rating in a report on Tuesday, January 23rd. Kepler Capital Markets set a €220.00 ($271.60) price objective on Volkswagen and gave the company a buy rating in a report on Tuesday, January 23rd. UBS Group set a €210.00 ($259.26) price objective on Volkswagen and gave the company a buy rating in a report on Tuesday, January 23rd. Bank of America set a €205.00 ($253.09) price objective on Volkswagen and gave the company a buy rating in a report on Monday, January 29th. Finally, Deutsche Bank set a €210.00 ($259.26) price objective on Volkswagen and gave the company a buy rating in a report on Friday, January 19th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and nineteen have assigned a buy rating to the company. Volkswagen currently has an average rating of Buy and an average target price of €192.83 ($238.07).

Shares of Volkswagen (VOW3) traded down €1.32 ($1.63) during midday trading on Friday, reaching €162.60 ($200.74). The company’s stock had a trading volume of 1,946,368 shares, compared to its average volume of 1,460,000. The firm has a market cap of $82,500.00 and a PE ratio of 11.74. Volkswagen has a 52-week low of €124.75 ($154.01) and a 52-week high of €192.30 ($237.41).

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About Volkswagen

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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