Volkswagen (ETR:VOW3) has been assigned a €220.00 ($261.90) target price by research analysts at BNP Paribas in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock. BNP Paribas’ price objective would suggest a potential upside of 19.75% from the company’s previous close.
A number of other research firms have also recently weighed in on VOW3. Credit Suisse Group set a €227.00 ($270.24) price target on shares of Volkswagen and gave the stock a “buy” rating in a research note on Monday, October 30th. Kepler Capital Markets set a €190.00 ($226.19) price target on shares of Volkswagen and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Sanford C. Bernstein set a €150.00 ($178.57) price target on shares of Volkswagen and gave the stock a “neutral” rating in a research note on Tuesday, October 3rd. Berenberg Bank set a €120.00 ($142.86) price target on shares of Volkswagen and gave the stock a “sell” rating in a research note on Monday, January 15th. Finally, equinet set a €166.00 ($197.62) price target on shares of Volkswagen and gave the stock a “buy” rating in a research note on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eighteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of €191.61 ($228.11).
Volkswagen (ETR:VOW3) traded up €3.76 ($4.48) during trading hours on Friday, hitting €183.72 ($218.71). 1,565,822 shares of the stock were exchanged, compared to its average volume of 1,070,000. Volkswagen has a fifty-two week low of €124.75 ($148.51) and a fifty-two week high of €185.60 ($220.95). The firm has a market cap of $93,350.00 and a PE ratio of 13.26.
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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