Volkswagen AG (VOW3) PT Set at €137.00 by Commerzbank AG
Volkswagen AG (ETR:VOW3) received a €137.00 ($152.22) price target from equities researchers at Commerzbank AG in a research note issued to investors on Friday. The brokerage presently has a a “neutral” rating on the stock.
Several other equities analysts also recently issued reports on the stock. Bank of America Corp. set a €90.00 ($100.00) price target on shares of Volkswagen AG and gave the company a “sell” rating in a report on Monday, July 11th. JPMorgan Chase & Co. set a €185.00 ($205.56) price target on shares of Volkswagen AG and gave the company a “buy” rating in a report on Monday, July 11th. BNP Paribas set a €146.00 ($162.22) price target on shares of Volkswagen AG and gave the company a “buy” rating in a report on Monday, June 27th. Goldman Sachs Group Inc. reissued a “sell” rating on shares of Volkswagen AG in a report on Wednesday, September 7th. Finally, equinet AG set a €166.00 ($184.44) price target on shares of Volkswagen AG and gave the company a “buy” rating in a report on Monday, July 4th. Six investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. Volkswagen AG currently has an average rating of “Hold” and a consensus target price of €137.72 ($153.02).
Shares of Volkswagen AG (ETR:VOW3) traded up 2.57% during midday trading on Friday, hitting €121.03. 10,737 shares of the company traded hands. The stock’s 50-day moving average is €120.76 and its 200 day moving average is €120.83. Volkswagen AG has a 12-month low of €92.78 and a 12-month high of €138.90. The stock’s market capitalization is €60.67 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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