equinet AG Reiterates “€166.00” Price Target for Volkswagen AG (VOW3)
Volkswagen AG (ETR:VOW3) has been given a €166.00 ($197.62) target price by equities researchers at equinet AG in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock.
Several other research analysts have also weighed in on the company. BNP Paribas set a €170.00 ($202.38) price target on Volkswagen AG and gave the stock a “buy” rating in a research report on Friday. Sanford C. Bernstein set a €150.00 ($178.57) target price on Volkswagen AG and gave the stock a “neutral” rating in a report on Monday. J P Morgan Chase & Co set a €213.00 ($253.57) target price on Volkswagen AG and gave the stock a “buy” rating in a report on Thursday, August 31st. DZ Bank AG reissued a “sell” rating on shares of Volkswagen AG in a report on Tuesday, August 22nd. Finally, Nord/LB set a €145.00 ($172.62) target price on Volkswagen AG and gave the stock a “buy” rating in a report on Friday, August 11th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of €160.48 ($191.05).
Shares of Volkswagen AG (ETR VOW3) opened at 132.475 on Friday. Volkswagen AG has a 52-week low of €110.78 and a 52-week high of €156.32. The company has a market capitalization of €66.41 billion and a PE ratio of 8.141. The stock has a 50 day moving average price of €130.34 and a 200 day moving average price of €136.46.
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About Volkswagen AG
Volkswagen Aktiengesellschaft, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and genuine parts.
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