Volkswagen AG (VOW3) PT Set at €127.00 by HSBC
Volkswagen AG (ETR:VOW3) has been given a €127.00 ($141.11) price target by research analysts at HSBC in a research note issued on Friday. The brokerage currently has a a “neutral” rating on the stock.
Several other research analysts have also recently commented on VOW3. Commerzbank AG set a €137.00 ($152.22) target price on shares of Volkswagen AG and gave the stock a “neutral” rating in a report on Thursday, June 16th. Bank of America Corp. set a €100.00 ($111.11) price target on shares of Volkswagen AG and gave the company a “sell” rating in a research note on Friday, June 17th. JPMorgan Chase & Co. set a €168.00 ($186.67) price target on shares of Volkswagen AG and gave the company a “neutral” rating in a research note on Friday, June 17th. Baader Bank set a €135.00 ($150.00) price target on shares of Volkswagen AG and gave the company a “neutral” rating in a research note on Friday, June 17th. Finally, Societe Generale set a €140.00 ($155.56) price target on shares of Volkswagen AG and gave the company a “neutral” rating in a research note on Friday, June 17th. Six research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of €137.72 ($153.02).
Shares of Volkswagen AG (ETR:VOW3) opened at 120.43 on Friday. Volkswagen AG has a 12 month low of €92.78 and a 12 month high of €138.90. The stock’s 50 day moving average is €120.76 and its 200 day moving average is €120.83. The firm’s market capitalization is €60.37 billion.
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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.
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