Volkswagen AG (ETR:VOW3) has been given a €170.00 ($197.67) target price by equities research analysts at BNP Paribas in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock.
A number of other equities research analysts have also weighed in on the company. Deutsche Bank AG set a €160.00 ($186.05) price objective on Volkswagen AG and gave the stock a “neutral” rating in a research report on Friday, April 28th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Volkswagen AG in a research report on Tuesday, June 13th. S&P Global set a €169.00 ($196.51) price target on Volkswagen AG and gave the company a “buy” rating in a research report on Wednesday, May 3rd. Kepler Capital Markets set a €174.00 ($202.33) price target on Volkswagen AG and gave the company a “buy” rating in a research report on Thursday, June 8th. Finally, Sanford C. Bernstein set a €150.00 ($174.42) price target on Volkswagen AG and gave the company a “neutral” rating in a research report on Monday, June 26th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the stock. Volkswagen AG has an average rating of “Hold” and a consensus price target of €160.61 ($186.75).
Volkswagen AG (VOW3) opened at 135.471 on Tuesday. The firm’s 50-day moving average price is €136.43 and its 200 day moving average price is €140.28. Volkswagen AG has a 52 week low of €110.78 and a 52 week high of €156.32. The firm has a market cap of €67.91 billion and a P/E ratio of 10.984.
About Volkswagen AG
Volkswagen AG is engaged in developing vehicles and components for its brands. It also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. The Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.
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