Macquarie set a €150.00 ($176.47) target price on Volkswagen AG (ETR:VOW3) in a report published on Friday, July 28th. The firm currently has a neutral rating on the stock.
Other equities research analysts also recently issued research reports about the stock. UBS AG set a €180.00 ($211.76) target price on shares of Volkswagen AG and gave the stock a buy rating in a research note on Tuesday, April 18th. Jefferies Group LLC set a €160.00 ($188.24) target price on shares of Volkswagen AG and gave the stock a buy rating in a research report on Tuesday, April 18th. Morgan Stanley set a €135.00 ($158.82) price target on shares of Volkswagen AG and gave the company a neutral rating in a report on Saturday, May 20th. J P Morgan Chase & Co set a €197.00 ($231.76) target price on shares of Volkswagen AG and gave the company a buy rating in a report on Monday, July 10th. Finally, HSBC Holdings plc set a €179.00 ($210.59) target price on shares of Volkswagen AG and gave the stock a buy rating in a research report on Wednesday, May 10th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the company’s stock. Volkswagen AG currently has an average rating of Hold and an average price target of €160.48 ($188.80).
Shares of Volkswagen AG (ETR:VOW3) opened at 129.90 on Friday. Volkswagen AG has a 52-week low of €110.78 and a 52-week high of €156.32. The company’s 50 day moving average price is €134.93 and its 200 day moving average price is €138.19. The company has a market capitalization of €65.12 billion and a price-to-earnings ratio of 7.98.
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About Volkswagen AG
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.
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