Volkswagen AG (VOW3) Given a €170.00 Price Target at BNP Paribas
Volkswagen AG (ETR:VOW3) received a €170.00 ($200.00) price target from equities researchers at BNP Paribas in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock.
Several other research firms have also recently commented on VOW3. equinet AG set a €166.00 ($195.29) price target on Volkswagen AG and gave the company a “buy” rating in a report on Tuesday, July 4th. Berenberg Bank set a €105.00 ($123.53) price target on Volkswagen AG and gave the company a “sell” rating in a report on Tuesday, July 4th. Jefferies Group LLC set a €160.00 ($188.24) price target on Volkswagen AG and gave the company a “buy” rating in a report on Monday, July 3rd. Macquarie set a €150.00 ($176.47) price target on Volkswagen AG and gave the company a “neutral” rating in a report on Wednesday, June 28th. Finally, Sanford C. Bernstein set a €150.00 ($176.47) price target on Volkswagen AG and gave the company a “neutral” rating in a report on Monday, June 26th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the company’s stock. Volkswagen AG currently has a consensus rating of “Hold” and an average target price of €160.35 ($188.64).
Shares of Volkswagen AG (ETR:VOW3) traded up 0.235% on Friday, hitting €144.104. The stock had a trading volume of 2,636 shares. Volkswagen AG has a 1-year low of €111.70 and a 1-year high of €156.32. The stock has a market cap of €72.24 billion and a P/E ratio of 8.856. The firm’s 50-day moving average is €134.83 and its 200 day moving average is €135.95.
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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