Volkswagen AG (VOW3) Given a €150.00 Price Target by Sanford C. Bernstein Analysts
Volkswagen AG (ETR:VOW3) received a €150.00 ($178.57) price objective from equities research analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock.
A number of other research analysts have also recently commented on VOW3. J P Morgan Chase & Co set a €197.00 ($234.52) target price on shares of Volkswagen AG and gave the stock a “buy” rating in a report on Friday, May 19th. Morgan Stanley set a €135.00 ($160.71) target price on shares of Volkswagen AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Citigroup Inc. set a €188.00 ($223.81) target price on shares of Volkswagen AG and gave the stock a “buy” rating in a report on Saturday, May 20th. HSBC Holdings plc set a €179.00 ($213.10) target price on shares of Volkswagen AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Finally, equinet AG set a €166.00 ($197.62) price objective on shares of Volkswagen AG and gave the company a “buy” rating in a report on Monday, May 22nd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company. Volkswagen AG currently has an average rating of “Hold” and a consensus price target of €159.83 ($190.27).
Shares of Volkswagen AG (ETR:VOW3) traded up 0.820% during midday trading on Wednesday, hitting €136.813. 7,519 shares of the stock traded hands. The firm’s 50-day moving average is €129.74 and its 200 day moving average is €136.23. Volkswagen AG has a 52 week low of €110.78 and a 52 week high of €156.32. The company has a market capitalization of €68.58 billion and a price-to-earnings ratio of 8.408.
Volkswagen AG Company Profile
Volkswagen Aktiengesellschaft, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and genuine parts.
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