Volkswagen (ETR:VOW3) has been assigned a €250.00 ($308.64) price target by equities researchers at Goldman Sachs Group in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective would suggest a potential upside of 52.51% from the stock’s current price.
A number of other research firms have also recently weighed in on VOW3. Credit Suisse Group set a €227.00 ($280.25) target price on shares of Volkswagen and gave the stock a “buy” rating in a research note on Wednesday, November 29th. S&P Global set a €183.00 ($225.93) target price on shares of Volkswagen and gave the stock a “buy” rating in a research note on Friday, October 27th. Berenberg Bank set a €120.00 ($148.15) target price on shares of Volkswagen and gave the stock a “sell” rating in a research note on Monday, January 15th. JPMorgan Chase & Co. set a €213.00 ($262.96) target price on shares of Volkswagen and gave the stock a “buy” rating in a research note on Monday, October 30th. Finally, Morgan Stanley set a €135.00 ($166.67) target price on shares of Volkswagen and gave the stock a “neutral” rating in a research note on Thursday, January 11th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and nineteen have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of €192.83 ($238.07).
Shares of Volkswagen (ETR:VOW3) traded up €0.36 ($0.44) during trading hours on Thursday, reaching €163.92 ($202.37). 1,120,000 shares of the company were exchanged, compared to its average volume of 1,460,000. The company has a market capitalization of $83,010.00 and a PE ratio of 11.84. Volkswagen has a fifty-two week low of €124.75 ($154.01) and a fifty-two week high of €192.30 ($237.41).
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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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