Volkswagen (VOW3) Given a €220.00 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €220.00 ($261.90) target price on Volkswagen (ETR:VOW3) in a report published on Tuesday. The brokerage currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on VOW3. Deutsche Bank reaffirmed a neutral rating on shares of Volkswagen in a research note on Monday, September 18th. JPMorgan Chase & Co. set a €213.00 ($253.57) price target on shares of Volkswagen and gave the stock a buy rating in a research note on Monday, September 18th. Independent Research set a €145.00 ($172.62) price target on shares of Volkswagen and gave the stock a neutral rating in a research note on Monday, September 18th. Kepler Capital Markets set a €175.00 ($208.33) price target on shares of Volkswagen and gave the stock a buy rating in a research note on Tuesday, September 19th. Finally, Barclays set a €174.00 ($207.14) price target on shares of Volkswagen and gave the stock a buy rating in a research note on Friday, September 29th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eighteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of €189.13 ($225.16).

Volkswagen (ETR VOW3) traded down €2.94 ($3.50) during trading on Tuesday, reaching €181.06 ($215.55). 1,022,440 shares of the company traded hands, compared to its average volume of 1,050,000. Volkswagen has a 12-month low of €124.75 ($148.51) and a 12-month high of €183.90 ($218.93). The stock has a market cap of $91,960.00 and a P/E ratio of 13.07.

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About Volkswagen

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.

Analyst Recommendations for Volkswagen (ETR:VOW3)

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