Volkswagen AG (VLKAY) Now Covered by Analysts at Berenberg Bank
Equities researchers at Berenberg Bank started coverage on shares of Volkswagen AG (NASDAQ:VLKAY) in a research report issued on Tuesday. The firm set a “sell” rating on the stock.
A number of other research analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Volkswagen AG from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 3rd. Jefferies Group started coverage on shares of Volkswagen AG in a research note on Tuesday, August 9th. They set an “underperform” rating on the stock. Finally, HSBC upgraded shares of Volkswagen AG from a “hold” rating to a “buy” rating in a research note on Monday. Five research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. Volkswagen AG has an average rating of “Hold” and a consensus price target of $33.00.
Volkswagen AG (NASDAQ:VLKAY) opened at 27.625 on Tuesday. Volkswagen AG has a 1-year low of $24.50 and a 1-year high of $32.18. The company’s 50 day moving average is $0.00 and its 200-day moving average is $0.00.
Volkswagen AG Company Profile
Volkswagen AG is an automobile manufacturer and a carmaker. The Company develops vehicles and components for its brands. It also produces and sells vehicles. The activities of its Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.
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