Volkswagen AG (VOW3) Given a €98.00 Price Target by Berenberg Bank Analysts
Volkswagen AG (ETR:VOW3) has been given a €98.00 ($105.38) price objective by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday. The firm presently has a “sell” rating on the stock.
Several other equities analysts have also commented on VOW3. Bankhaus Lampe set a €142.00 ($152.69) target price on Volkswagen AG and gave the company a “neutral” rating in a report on Monday. equinet AG set a €166.00 ($178.49) target price on Volkswagen AG and gave the company a “buy” rating in a report on Monday. Kepler Capital Markets set a €155.00 ($166.67) target price on Volkswagen AG and gave the company a “buy” rating in a report on Wednesday, September 7th. Societe Generale set a €135.00 ($145.16) target price on Volkswagen AG and gave the company a “neutral” rating in a report on Monday. Finally, Commerzbank AG set a €137.00 ($147.31) target price on Volkswagen AG and gave the company a “neutral” rating in a report on Monday, August 29th. Seven investment analysts have rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of €135.71 ($145.92).
Volkswagen AG (ETR:VOW3) opened at 121.235 on Tuesday. The stock has a market cap of €60.77 billion and a price-to-earnings ratio of 109.715. The firm’s 50 day moving average price is €120.39 and its 200-day moving average price is €121.90. Volkswagen AG has a 1-year low of €92.78 and a 1-year 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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