Volkswagen AG (VOW3) Given a €144.00 Price Target at Warburg Research
Volkswagen AG (ETR:VOW3) has been assigned a €144.00 ($160.00) target price by stock analysts at Warburg Research in a report released on Thursday. The firm presently has a a “neutral” rating on the stock.
A number of other equities research analysts also recently issued reports on VOW3. Kepler Capital Markets set a €155.00 ($172.22) target price on shares of Volkswagen AG and gave the stock a “buy” rating in a research report on Wednesday, September 7th. Baader Bank set a €135.00 ($150.00) target price on shares of Volkswagen AG and gave the stock a “neutral” rating in a research report on Friday, June 17th. Commerzbank AG set a €137.00 ($152.22) target price on shares of Volkswagen AG and gave the stock a “neutral” rating in a research report on Monday, August 29th. Deutsche Bank AG set a €150.00 ($166.67) target price on shares of Volkswagen AG and gave the stock a “neutral” rating in a research report on Wednesday, June 15th. Finally, Jefferies Group set a €100.00 ($111.11) price target on shares of Volkswagen AG and gave the company a “sell” rating in a report on Wednesday, September 7th. Six investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. Volkswagen AG has an average rating of “Hold” and a consensus price target of €137.20 ($152.44).
Shares of Volkswagen AG (ETR:VOW3) traded down 2.063% during trading on Thursday, reaching €117.455. 6,449 shares of the company’s stock were exchanged. The firm’s market capitalization is €58.88 billion. The company has a 50 day moving average of €120.90 and a 200 day moving average of €120.85. Volkswagen AG has a 52-week low of €92.78 and a 52-week high of €138.90.
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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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