Volkswagen AG (VOW3) Given a €150.00 Price Target by Sanford C. Bernstein Analysts
Volkswagen AG (ETR:VOW3) has been assigned a €150.00 ($176.47) price objective by Sanford C. Bernstein in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock.
VOW3 has been the subject of several other research reports. DZ Bank AG restated a “sell” rating on shares of Volkswagen AG in a research note on Tuesday, August 22nd. J P Morgan Chase & Co set a €213.00 ($250.59) price objective on Volkswagen AG and gave the stock a “buy” rating in a research note on Thursday, August 31st. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of Volkswagen AG in a research note on Tuesday, June 13th. Kepler Capital Markets set a €174.00 ($204.71) price objective on Volkswagen AG and gave the stock a “buy” rating in a research note on Thursday, June 8th. Finally, HSBC Holdings plc set a €175.00 ($205.88) price objective on Volkswagen AG and gave the stock a “buy” rating in a research note on Monday, June 12th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €160.35 ($188.64).
Volkswagen AG (ETR VOW3) opened at 140.905 on Tuesday. The company’s 50-day moving average price is €132.80 and its 200-day moving average price is €135.74. 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 €70.63 billion and a price-to-earnings ratio of 8.659.
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About Volkswagen AG
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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