Analysts Set Volkswagen AG (VLKAY) Target Price at $35.00
Volkswagen AG (OTCMKTS:VLKAY) has received an average rating of “Hold” from the twelve ratings firms that are covering the company. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $35.00.
Separately, Jefferies Group started coverage on Volkswagen AG in a report on Tuesday, August 9th. They set an “underperform” rating for the company.
Shares of Volkswagen AG (OTCMKTS:VLKAY) opened at 29.08 on Monday. The stock’s 50 day moving average is $29.01 and its 200 day moving average is $29.26. Volkswagen AG has a 52-week low of $24.50 and a 52-week high of $32.18. The company’s market cap is $72.89 billion.
Volkswagen AG Company Profile
Volkswagen AG is a Germany-based automobile manufacturer and a carmaker in Europe. The Company develops vehicles and components, and produces and sells vehicles, in particular passenger cars and light commercial vehicles for the passenger cars and commercial vehicles brands. The activities of the Company’s Automotive division consists of the development of vehicles and engines, the production and sale of passenger cars, light commercial vehicles, trucks, buses and motorcycles, as well as the genuine parts, large-bore diesel engines, turbomachinery, special gear units, propulsion components and testing systems businesses.
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