Volkswagen AG (VOW3) Given a €169.00 Price Target by S&P Global Analysts
Volkswagen AG (ETR:VOW3) received a €169.00 ($196.51) price target from equities research analysts at S&P Global in a report issued on Thursday. The brokerage presently has a “buy” rating on the stock.
Several other research firms also recently issued reports on VOW3. Sanford C. Bernstein set a €150.00 ($174.42) price target on Volkswagen AG and gave the company a “neutral” rating in a research note on Friday, April 21st. J P Morgan Chase & Co set a €197.00 ($229.07) price target on Volkswagen AG and gave the company a “buy” rating in a research note on Thursday, May 4th. Barclays PLC set a €174.00 ($202.33) price target on Volkswagen AG and gave the company a “buy” rating in a research note on Tuesday, May 9th. Warburg Research set a €155.00 ($180.23) price target on Volkswagen AG and gave the company a “neutral” rating in a research note on Thursday, May 4th. Finally, Nord/LB set a €145.00 ($168.60) price target on Volkswagen AG and gave the company a “buy” rating in a research note on Wednesday, April 19th. 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 company has an average rating of “Hold” and a consensus price target of €160.61 ($186.75).
Shares of Volkswagen AG (VOW3) traded down 2.508% on Thursday, reaching €132.881. The company’s stock had a trading volume of 30,441 shares. Volkswagen AG has a 1-year low of €110.78 and a 1-year high of €156.32. The company’s 50 day moving average is €136.32 and its 200-day moving average is €140.21. The stock has a market cap of €66.61 billion and a PE ratio of 10.774.
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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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