Volkswagen AG Rating Increased to Outperform at BNP Paribas (VLKAY)
Volkswagen AG (NASDAQ:VLKAY) was upgraded by investment analysts at BNP Paribas from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports.
Separately, analysts at Goldman Sachs downgraded shares of Volkswagen AG from a “neutral” rating to a “sell” rating in a research note on Friday, August 8th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. Volkswagen AG has a consensus rating of “Hold” and a consensus target price of $30,000.00.
Shares of Volkswagen AG (NASDAQ:VLKAY) traded down 0.43% on Tuesday, hitting $44.778. 38,662 shares of the company’s stock traded hands. Volkswagen AG has a 52-week low of $43.22 and a 52-week high of $54.88. The stock’s 50-day moving average is $46.75 and its 200-day moving average is $50.26. The company has a market cap of $106.5 billion and a P/E ratio of 8.54.
Volkswagen AG is a Germany-based automobile manufacturer. The Company develops vehicles and components, and also produces and sells vehicles, in particular Volkswagen brand passenger cars and commercial vehicles.
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