Goldman Sachs Group, Inc. (The) Reiterates “€215.00” Price Target for Volkswagen AG (ETR:VOW3)

Goldman Sachs Group, Inc. (The) set a €215.00 ($250.00) price objective on Volkswagen AG (ETR:VOW3) in a report published on Friday. The brokerage currently has a buy rating on the stock.

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A number of other equities research analysts have also recently weighed in on the stock. Independent Research GmbH set a €141.00 ($163.95) price objective on shares of Volkswagen AG and gave the stock a neutral rating in a report on Friday. S&P Global set a €169.00 ($196.51) price objective on shares of Volkswagen AG and gave the stock a buy rating in a report on Thursday. Sanford C. Bernstein set a €150.00 ($174.42) price objective on shares of Volkswagen AG and gave the stock a neutral rating in a report on Thursday. UBS AG set a €180.00 ($209.30) price objective on shares of Volkswagen AG and gave the stock a buy rating in a report on Thursday. Finally, Nord/LB set a €150.00 ($174.42) price objective on shares of Volkswagen AG and gave the stock a buy rating in a report on Tuesday, July 25th. One research 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 presently has an average rating of Hold and a consensus target price of €160.35 ($186.45).

Volkswagen AG (ETR:VOW3) opened at 131.475 on Friday. The company has a 50-day moving average of €136.33 and a 200 day moving average of €140.06. The company has a market cap of €67.21 billion and a PE ratio of 8.046. Volkswagen AG has a 12 month low of €110.78 and a 12 month high of €156.32.

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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.