Morgan Stanley Reiterates “€125.00” Price Target for Volkswagen AG (VOW3)
Volkswagen AG (ETR:VOW3) received a €125.00 ($138.89) target price from Morgan Stanley in a research note issued to investors on Wednesday. The brokerage presently has a a “neutral” rating on the stock.
A number of other analysts also recently commented on VOW3. Warburg Research set a €155.00 ($172.22) price objective on Volkswagen AG and gave the stock a “neutral” rating in a research note on Wednesday, June 15th. equinet AG set a €104.00 ($115.56) price objective on Volkswagen AG and gave the stock a “sell” rating in a research note on Wednesday, June 15th. Deutsche Bank AG set a €150.00 ($166.67) price objective on Volkswagen AG and gave the stock a “neutral” rating in a research note on Wednesday, June 15th. Commerzbank AG set a €137.00 ($152.22) target price on Volkswagen AG and gave the stock a “neutral” rating in a report on Thursday, June 16th. Finally, Bank of America Corp. set a €100.00 ($111.11) target price on Volkswagen AG and gave the stock a “sell” rating in a report on Friday, June 17th. Six research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Volkswagen AG currently has a consensus rating of “Hold” and an average target price 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 has a 50-day moving average of €120.92 and a 200 day moving average of €120.81. The stock’s market capitalization is €60.58 billion.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/12/morgan-stanley-reiterates-125-00-price-target-for-volkswagen-ag-vow3.html
Volkswagen AG Company Profile
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.
Receive News & Ratings for Volkswagen AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen AG and related companies with MarketBeat.com's FREE daily email newsletter.