Volkswagen AG (VOW3) Stock Rating Reaffirmed by DZ Bank AG
Volkswagen AG (ETR:VOW3)‘s stock had its “sell” rating reaffirmed by analysts at DZ Bank AG in a report issued on Tuesday.
A number of other brokerages also recently weighed in on VOW3. Barclays PLC restated a “buy” rating on shares of Volkswagen AG in a report on Tuesday, August 30th. Commerzbank AG set a €137.00 ($144.21) price objective on shares of Volkswagen AG and gave the company a “neutral” rating in a report on Monday, August 29th. Citigroup Inc. reiterated a “buy” rating on shares of Volkswagen AG in a report on Tuesday, August 23rd. Goldman Sachs Group Inc. set a €115.00 ($121.05) price objective on shares of Volkswagen AG and gave the company a “sell” rating in a report on Friday, August 19th. Finally, Nord/LB set a €120.00 ($126.32) price objective on shares of Volkswagen AG and gave the company a “neutral” rating in a report on Friday, August 12th. Six equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of €137.58 ($144.82).
Shares of Volkswagen AG (ETR:VOW3) opened at 121.70 on Tuesday. The company’s 50 day moving average is €121.01 and its 200-day moving average is €121.83. The firm has a market cap of €61.01 billion and a PE ratio of 110.14. Volkswagen AG has a 12 month low of €92.78 and a 12 month high of €138.90.
COPYRIGHT VIOLATION WARNING: This article was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international copyright & trademark legislation. The original version of this article can be accessed at https://www.thecerbatgem.com/2016/12/01/volkswagen-ag-vow3-stock-rating-reaffirmed-by-dz-bank-ag-2.html.
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.
Receive News & Stock Ratings for Volkswagen AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen AG and related stocks with our FREE daily email newsletter.