Volkswagen AG (VOW3) Given a €197.00 Price Target by JPMorgan Chase & Co. Analysts
Volkswagen AG (ETR:VOW3) has been assigned a €197.00 ($216.48) price objective by JPMorgan Chase & Co. in a research report issued on Friday. The brokerage currently has a “buy” rating on the stock.
VOW3 has been the subject of several other research reports. Goldman Sachs Group Inc set a €193.00 ($212.09) target price on shares of Volkswagen AG and gave the stock a “buy” rating in a research report on Monday, January 23rd. Nord/LB set a €135.00 ($148.35) price target on shares of Volkswagen AG and gave the stock a “sell” rating in a research note on Friday, January 27th. Deutsche Bank AG reaffirmed a “neutral” rating on shares of Volkswagen AG in a research note on Wednesday, March 22nd. Independent Research GmbH set a €156.00 ($171.43) price target on shares of Volkswagen AG and gave the stock a “neutral” rating in a research note on Monday, February 27th. Finally, Commerzbank Ag set a €137.00 ($150.55) price target on shares of Volkswagen AG and gave the stock a “neutral” rating in a research note on Wednesday, February 8th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of €150.81 ($165.72).
Volkswagen AG (ETR:VOW3) traded up 0.565% during midday trading on Friday, hitting €139.543. 5,965 shares of the stock were exchanged. Volkswagen AG has a 52 week low of €103.70 and a 52 week high of €156.32. The firm’s 50-day moving average is €139.55 and its 200 day moving average is €136.68. The stock has a market cap of €69.95 billion and a price-to-earnings ratio of 11.314.
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About Volkswagen AG
Volkswagen AG is engaged in developing vehicles and components for its brands. It also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. The Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.
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