Volkswagen (VOW3) Given a €176.00 Price Target at Nord/LB
Volkswagen (ETR:VOW3) received a €176.00 ($209.52) price target from investment analysts at Nord/LB in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. Nord/LB’s target price would suggest a potential upside of 4.89% from the company’s current price.
Several other research firms also recently weighed in on VOW3. BNP Paribas set a €170.00 ($202.38) price target on Volkswagen and gave the company a “buy” rating in a research note on Friday, September 8th. Credit Suisse Group set a €227.00 ($270.24) price target on Volkswagen and gave the company a “buy” rating in a research note on Monday, October 30th. Kepler Capital Markets set a €190.00 ($226.19) price target on Volkswagen and gave the company a “buy” rating in a research note on Wednesday, November 1st. Sanford C. Bernstein set a €150.00 ($178.57) price target on Volkswagen and gave the company a “neutral” rating in a research note on Tuesday, October 3rd. Finally, Citigroup set a €194.00 ($230.95) price target on Volkswagen and gave the company a “buy” rating in a research note on Wednesday, August 9th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and sixteen have given a buy rating to the stock. Volkswagen currently has an average rating of “Buy” and an average price target of €177.48 ($211.28).
Shares of Volkswagen (VOW3) opened at €167.80 ($199.76) on Wednesday. Volkswagen has a one year low of €117.20 ($139.52) and a one year high of €179.20 ($213.33).
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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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