Independent Research GmbH Reiterates “€156.00” Price Target for Volkswagen AG (VOW3)
A number of other analysts have also recently issued reports on the company. Goldman Sachs Group Inc set a €193.00 ($207.53) price objective on Volkswagen AG and gave the company a buy rating in a research report on Monday, January 23rd. Barclays PLC set a €168.00 ($180.65) price objective on Volkswagen AG and gave the company a buy rating in a research report on Monday, December 19th. equinet AG set a €166.00 ($178.49) price objective on Volkswagen AG and gave the company a buy rating in a research report on Tuesday, December 20th. Berenberg Bank set a €98.00 ($105.38) price objective on Volkswagen AG and gave the company a sell rating in a research report on Tuesday, February 7th. Finally, BNP Paribas set a €165.00 ($177.42) price objective on Volkswagen AG and gave the company a buy rating in a research report on Monday, January 9th. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company’s stock. Volkswagen AG currently has an average rating of Hold and an average target price of €145.54 ($156.49).
Volkswagen AG (ETR:VOW3) opened at 137.198 on Wednesday. The firm has a market capitalization of €81.41 billion and a price-to-earnings ratio of 13.398. Volkswagen AG has a one year low of €101.34 and a one year high of €156.32. The stock’s 50 day moving average price is €142.76 and its 200-day moving average price is €131.40.
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About Volkswagen AG
Volkswagen AG is a Germany-based automobile manufacturer. It operates through two segments: Automotive and Financial Services. The Automotive segment comprises the development of vehicles and engines, the production and sale of passenger cars, light commercial vehicles, trucks, buses and motorcycles, as well as spare parts, diesel engines, turbo-machinery, special gear units, propulsion components and testing systems.
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