Nord/LB Reiterates “€155.00” Price Target for Volkswagen AG (VOW3)
Volkswagen AG (ETR:VOW3) received a €155.00 ($184.52) price target from investment analysts at Nord/LB in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock.
VOW3 has been the topic of a number of other research reports. DZ Bank AG reissued a “sell” rating on shares of Volkswagen AG in a research report on Tuesday, August 22nd. J P Morgan Chase & Co set a €213.00 ($253.57) price target on Volkswagen AG and gave the stock a “buy” rating in a research report on Thursday, August 31st. Sanford C. Bernstein set a €150.00 ($178.57) price target on Volkswagen AG and gave the stock a “neutral” rating in a research report on Monday, September 4th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Volkswagen AG in a research report on Tuesday, June 13th. Finally, Kepler Capital Markets set a €174.00 ($207.14) price target on Volkswagen AG and gave the stock a “buy” rating in a research report on Thursday, June 8th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of €160.26 ($190.79).
Volkswagen AG (VOW3) traded up 0.200% during trading on Friday, hitting €136.863. The company had a trading volume of 4,601 shares. The company has a market capitalization of €68.61 billion and a price-to-earnings ratio of 8.411. Volkswagen AG has a one year low of €110.78 and a one year high of €156.32. The stock has a 50-day moving average of €129.87 and a 200 day moving average of €136.20.
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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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