BNP Paribas Reiterates €170.00 Price Target for Volkswagen AG (VOW3)
Volkswagen AG (ETR:VOW3) has been given a €170.00 ($195.40) price target by analysts at BNP Paribas in a research note issued on Wednesday. The brokerage presently has a “buy” rating on the stock.
Several other equities analysts have also weighed in on VOW3. UBS AG set a €180.00 ($206.90) price target on shares of Volkswagen AG and gave the company a “buy” rating in a research report on Tuesday, April 18th. Deutsche Bank AG set a €160.00 ($183.91) price objective on shares of Volkswagen AG and gave the company a “neutral” rating in a report on Thursday, July 13th. HSBC Holdings plc set a €180.00 ($206.90) price target on shares of Volkswagen AG and gave the stock a “buy” rating in a report on Tuesday. Goldman Sachs Group, Inc. (The) set a €215.00 ($247.13) price target on shares of Volkswagen AG and gave the stock a “buy” rating in a report on Monday, July 10th. Finally, Barclays PLC set a €174.00 ($200.00) price target on shares of Volkswagen AG and gave the stock a “buy” rating in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €160.61 ($184.61).
Shares of Volkswagen AG (ETR:VOW3) opened at 142.725 on Wednesday. Volkswagen AG has a 1-year low of €110.78 and a 1-year high of €156.32. The firm has a market cap of €71.55 billion and a PE ratio of 11.572. The stock’s 50 day moving average is €136.03 and its 200-day moving average is €140.25.
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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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