BNP Paribas set a €196.00 ($227.91) price objective on Volkswagen (ETR:VOW3) in a report issued on Tuesday morning. The firm currently has a buy rating on the stock.
Several other research analysts have also issued reports on VOW3. JPMorgan Chase & Co. set a €217.00 ($252.33) price target on Volkswagen and gave the stock a buy rating in a report on Monday, June 18th. Morgan Stanley set a €160.00 ($186.05) target price on Volkswagen and gave the company a neutral rating in a report on Tuesday, June 19th. DZ Bank restated a sell rating on shares of Volkswagen in a report on Tuesday, June 19th. Sanford C. Bernstein set a €220.00 ($255.81) target price on Volkswagen and gave the company a buy rating in a report on Wednesday, June 20th. Finally, Independent Research set a €167.00 ($194.19) target price on Volkswagen and gave the company a neutral rating in a report on Friday, June 22nd. Three research analysts have rated the stock with a sell rating, four have given a hold rating and twenty have assigned a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of €192.65 ($224.02).
Shares of ETR:VOW3 opened at €145.28 ($168.93) on Tuesday. Volkswagen has a 52-week low of €124.75 ($145.06) and a 52-week high of €192.30 ($223.60).
Volkswagen AG, 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.
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