Nord/LB set a €120.00 ($129.03) price objective on Volkswagen AG (ETR:VOW3) in a report released on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also weighed in on VOW3. equinet AG set a €166.00 ($178.49) price target on shares of Volkswagen AG and gave the company a buy rating in a report on Friday, July 29th. Kepler Capital Markets set a €155.00 ($166.67) target price on shares of Volkswagen AG and gave the company a buy rating in a report on Friday, July 29th. BNP Paribas set a €135.00 ($145.16) target price on shares of Volkswagen AG and gave the company a buy rating in a report on Friday, July 29th. DZ Bank AG restated a sell rating on shares of Volkswagen AG in a report on Friday, July 29th. Finally, Societe Generale set a €135.00 ($145.16) target price on shares of Volkswagen AG and gave the company a neutral rating in a report on Friday, July 29th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of €140.38 ($150.94).

Shares of Volkswagen AG (ETR:VOW3) opened at 120.33 on Friday. The stock has a market cap of €60.32 billion and a price-to-earnings ratio of 108.90. The stock’s 50 day moving average price is €120.12 and its 200-day moving average price is €121.94. Volkswagen AG has a 52-week low of €92.78 and a 52-week high of €138.90.

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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