Volkswagen Group’s (ETR:VOW3) Buy Rating Reaffirmed at Deutsche Bank

Deutsche Bank reissued their buy rating on shares of Volkswagen Group (ETR:VOW3) in a report released on Thursday, March 15th. They currently have a price target on the stock.

Other equities analysts have also recently issued reports about the stock. Morgan Stanley set a €135.00 ($166.67) price target on shares of Volkswagen Group and gave the stock a neutral rating in a research note on Tuesday, November 21st. Goldman Sachs set a €250.00 ($308.64) price target on shares of Volkswagen Group and gave the stock a buy rating in a research note on Wednesday, December 20th. JPMorgan Chase reaffirmed a buy rating on shares of Volkswagen Group in a research note on Monday, November 20th. Kepler Capital Markets set a €220.00 ($271.60) price target on shares of Volkswagen Group and gave the stock a buy rating in a research note on Tuesday, January 23rd. Finally, DZ Bank reaffirmed a sell rating on shares of Volkswagen Group in a research note on Friday, March 9th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of €191.64 ($236.59).

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VOW3 traded down €2.12 ($2.62) during trading on Thursday, hitting €165.00 ($203.70). The stock had a trading volume of 1,093,634 shares, compared to its average volume of 1,610,000. Volkswagen Group has a twelve month low of €124.75 ($154.01) and a twelve month high of €192.30 ($237.41).

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About Volkswagen Group

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 related parts.

Analyst Recommendations for Volkswagen Group (ETR:VOW3)

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