Volkswagen AG (VOW3) Given a €125.00 Price Target at Morgan Stanley
Morgan Stanley set a €125.00 ($138.89) price objective on Volkswagen AG (ETR:VOW3) in a research report report published on Wednesday morning. The brokerage currently has a a neutral rating on the stock.
Several other equities analysts have also recently weighed in on the company. Kepler Capital Markets set a €155.00 ($172.22) price target on Volkswagen AG and gave the company a buy rating in a report on Wednesday, September 7th. Baader Bank set a €135.00 ($150.00) price target on Volkswagen AG and gave the company a neutral rating in a report on Friday, June 17th. Commerzbank AG set a €137.00 ($152.22) price target on Volkswagen AG and gave the company a neutral rating in a report on Monday, August 29th. Deutsche Bank AG set a €150.00 ($166.67) price target on Volkswagen AG and gave the company a neutral rating in a report on Wednesday, June 15th. Finally, Jefferies Group set a €100.00 ($111.11) price target on Volkswagen AG and gave the company a sell rating in a report on Wednesday, September 7th. Six equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of €137.20 ($152.44).
Volkswagen AG (ETR:VOW3) opened at 116.85 on Wednesday. The stock’s market cap is €58.58 billion. The firm’s 50-day moving average price is €120.90 and its 200-day moving average price is €120.85. Volkswagen AG has a 12-month low of €92.78 and a 12-month high of €138.90.
About Volkswagen AG
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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