Volkswagen (VOW3) PT Set at €227.00 by Credit Suisse Group
Volkswagen (ETR:VOW3) has been assigned a €227.00 ($270.24) price target by equities researchers at Credit Suisse Group in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s price objective would indicate a potential upside of 27.46% from the stock’s current price.
A number of other analysts also recently issued reports on the company. Goldman Sachs Group set a €195.00 ($232.14) price target on Volkswagen and gave the company a “buy” rating in a research report on Thursday, October 19th. Sanford C. Bernstein set a €150.00 ($178.57) price target on Volkswagen and gave the company a “neutral” rating in a research report on Monday, September 4th. Macquarie set a €150.00 ($178.57) price target on Volkswagen and gave the company a “neutral” rating in a research report on Thursday, September 14th. Citigroup set a €199.00 ($236.90) price target on Volkswagen and gave the company a “buy” rating in a research report on Wednesday, October 18th. Finally, Morgan Stanley set a €135.00 ($160.71) price target on Volkswagen and gave the company a “neutral” rating in a research report on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of €177.48 ($211.28).
Shares of Volkswagen (VOW3) opened at €178.10 ($212.02) on Wednesday. Volkswagen has a 12-month low of €117.20 ($139.52) and a 12-month high of €176.70 ($210.36).
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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