Volkswagen AG (ETR:VOW3) has been assigned a €140.00 ($150.54) price objective by research analysts at HSBC in a research report issued to clients and investors on Monday. The brokerage currently has a “buy” rating on the stock.

A number of other research firms also recently commented on VOW3. Deutsche Bank AG set a €140.00 ($150.54) price objective on shares of Volkswagen AG and gave the stock a “neutral” rating in a research note on Tuesday, August 2nd. Warburg Research set a €144.00 ($154.84) target price on shares of Volkswagen AG and gave the company a “neutral” rating in a research note on Monday, August 1st. Independent Research GmbH set a €127.00 ($136.56) target price on shares of Volkswagen AG and gave the company a “neutral” rating in a research note on Monday, August 1st. Barclays PLC set a €160.00 ($172.04) target price on shares of Volkswagen AG and gave the company a “buy” rating in a research note on Monday, August 1st. Finally, equinet AG set a €166.00 ($178.49) target price on shares of Volkswagen AG and gave the company a “buy” rating in a research note on Friday, July 29th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have assigned a buy rating to the stock. Volkswagen AG presently has an average rating of “Hold” and an average target price of €139.96 ($150.49).

Analyst Recommendations for Volkswagen AG (ETR:VOW3)

Shares of Volkswagen AG (ETR:VOW3) opened at 119.055 on Monday. Volkswagen AG has a 12-month low of €92.78 and a 12-month high of €138.90. The firm has a market capitalization of €59.68 billion and a P/E ratio of 107.742. The firm’s 50-day moving average price is €120.12 and its 200-day moving average price is €121.94.

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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