Morgan Stanley Analysts Give Volkswagen AG (VOW3) a €125.00 Price Target
Volkswagen AG (ETR:VOW3) has been assigned a €125.00 ($138.89) target price by Morgan Stanley in a report released on Wednesday. The firm currently has a a “neutral” rating on the stock.
VOW3 has been the subject of several other research reports. Kepler Capital Markets set a €155.00 ($172.22) price objective on shares of Volkswagen AG and gave the stock a “buy” rating in a research note on Wednesday, September 7th. Baader Bank set a €135.00 ($150.00) price objective on shares of Volkswagen AG and gave the stock a “neutral” rating in a research note on Friday, June 17th. Commerzbank AG set a €137.00 ($152.22) price objective on shares of Volkswagen AG and gave the stock a “neutral” rating in a research note on Monday, August 29th. Deutsche Bank AG set a €150.00 ($166.67) price objective on shares of Volkswagen AG and gave the stock a “neutral” rating in a research note on Wednesday, June 15th. Finally, Jefferies Group set a €100.00 ($111.11) price objective on shares of Volkswagen AG and gave the stock a “sell” rating in a research note on Wednesday, September 7th. Six analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of €137.20 ($152.44).
Shares of Volkswagen AG (ETR:VOW3) opened at 120.847 on Wednesday. Volkswagen AG has a one year low of €92.78 and a one year high of €138.90. The company’s market capitalization is €60.58 billion. The firm’s 50-day moving average price is €120.92 and its 200-day moving average price is €120.81.
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About Volkswagen AG
Volkswagen AG is a Germany-based automobile manufacturer and a carmaker in Europe. The Company develops vehicles and components, and produces and sells vehicles, in particular passenger cars and light commercial vehicles for the passenger cars and commercial vehicles brands. The activities of the Company’s Automotive division consists of the development of vehicles and engines, the production and sale of passenger cars, light commercial vehicles, trucks, buses and motorcycles, as well as the genuine parts, large-bore diesel engines, turbomachinery, special gear units, propulsion components and testing systems businesses.
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