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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.