Volkswagen AG (VOW3) PT Set at €137.00 by Commerzbank AG
Volkswagen AG (ETR:VOW3) received a €137.00 ($150.55) price target from stock analysts at Commerzbank AG in a research note issued on Friday. The brokerage currently has a a “neutral” rating on the stock.
Several other research analysts have also commented on the company. Bank of America Corp. set a €90.00 ($98.90) price target on Volkswagen AG and gave the stock a “sell” rating in a report on Monday, July 11th. JPMorgan Chase & Co. set a €185.00 ($203.30) price target on Volkswagen AG and gave the stock a “buy” rating in a report on Monday, July 11th. BNP Paribas set a €146.00 ($160.44) price target on Volkswagen AG and gave the stock a “buy” rating in a report on Monday, June 27th. Goldman Sachs Group Inc. reiterated a “sell” rating on shares of Volkswagen AG in a report on Wednesday, September 7th. Finally, equinet AG set a €166.00 ($182.42) price target on Volkswagen AG and gave the stock a “buy” rating in a report on Monday, July 4th. Six research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. Volkswagen AG currently has an average rating of “Hold” and an average price target of €137.72 ($151.34).
Shares of Volkswagen AG (ETR:VOW3) opened at 119.791 on Friday. Volkswagen AG has a 1-year low of €92.78 and a 1-year high of €138.90. The company has a 50-day moving average of €120.62 and a 200-day moving average of €120.97. The stock’s market capitalization is €60.05 billion.
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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