Volkswagen AG (ETR:VOW3) has been assigned a €147.00 ($165.17) price objective by investment analysts at Independent Research GmbH in a report issued on Monday. The brokerage presently has a “neutral” rating on the stock.

A number of other equities research analysts have also issued reports on VOW3. Sanford C. Bernstein set a €150.00 ($168.54) target price on Volkswagen AG and gave the company a “neutral” rating in a research note on Monday. Kepler Capital Markets set a €174.00 ($195.51) price objective on Volkswagen AG and gave the company a “buy” rating in a research note on Thursday, June 8th. Berenberg Bank set a €105.00 ($117.98) price objective on Volkswagen AG and gave the company a “sell” rating in a research note on Tuesday, June 13th. Commerzbank Ag set a €137.00 ($153.93) price objective on Volkswagen AG and gave the company a “neutral” rating in a research note on Monday, February 27th. Finally, HSBC Holdings plc set a €175.00 ($196.63) price objective on Volkswagen AG and gave the company a “buy” rating in a research note on Monday, June 12th. Three 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. The company presently has an average rating of “Hold” and a consensus price target of €153.96 ($172.99).

Analyst Recommendations for Volkswagen AG (ETR:VOW3)

Shares of Volkswagen AG (VOW3) traded up 0.419% during trading on Monday, hitting €131.735. The stock had a trading volume of 15,031 shares. The firm has a market cap of €66.04 billion and a price-to-earnings ratio of 10.681. The stock has a 50-day moving average of €139.26 and a 200 day moving average of €138.84. Volkswagen AG has a 12-month low of €103.70 and a 12-month high of €156.32.

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Volkswagen AG Company Profile

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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