Volkswagen AG (ETR:VOW3) received a €146.00 ($164.04) target price from HSBC in a research note issued on Friday. The brokerage currently has a a “neutral” rating on the stock.
A number of other equities analysts have also weighed in on the stock. Nord/LB set a €100.00 ($112.36) target price on shares of Volkswagen AG and gave the stock a “neutral” rating in a research report on Friday, March 11th. BNP Paribas set a €157.00 ($176.40) target price on shares of Volkswagen AG and gave the stock a “buy” rating in a research report on Wednesday. Citigroup Inc. set a €162.00 ($182.02) target price on shares of Volkswagen AG and gave the stock a “buy” rating in a research report on Tuesday, May 17th. Goldman Sachs set a €108.00 ($121.35) target price on shares of Volkswagen AG and gave the stock a “sell” rating in a research report on Monday, April 18th. Finally, Equinet Institutional Services set a €104.00 ($116.85) target price on shares of Volkswagen AG and gave the stock a “sell” rating in a research report on Wednesday, March 2nd. Five research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of €137.55 ($154.55).
Shares of Volkswagen AG (ETR:VOW3) opened at 134.530 on Friday. Volkswagen AG has a one year low of €86.46 and a one year high of €230.20. The stock’s 50 day moving average price is €121.85 and its 200-day moving average price is €116.19.
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.
