Volkswagen (ETR:VOW3) has been assigned a €210.00 ($250.00) price objective by equities researchers at UBS Group in a note issued to investors on Tuesday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price indicates a potential upside of 11.57% from the company’s current price.
A number of other equities research analysts have also recently issued reports on the stock. Goldman Sachs Group set a €195.00 ($232.14) price target on shares of Volkswagen and gave the company a “buy” rating in a report on Thursday, October 19th. Citigroup set a €199.00 ($236.90) price target on shares of Volkswagen and gave the company a “buy” rating in a research note on Wednesday, October 18th. Sanford C. Bernstein set a €180.00 ($214.29) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Thursday, October 19th. Credit Suisse Group set a €227.00 ($270.24) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Wednesday, November 29th. Finally, Morgan Stanley set a €135.00 ($160.71) price objective on shares of Volkswagen and gave the company a “neutral” rating in a research note on Tuesday, October 24th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eighteen have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of €191.61 ($228.11).
Shares of Volkswagen (ETR VOW3) traded down €0.28 ($0.33) during trading hours on Tuesday, reaching €188.22 ($224.07). 1,374,994 shares of the company were exchanged, compared to its average volume of 1,090,000. The company has a market capitalization of $94,350.00 and a PE ratio of 13.59. Volkswagen has a 12-month low of €124.75 ($148.51) and a 12-month high of €185.60 ($220.95).
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.
Receive News & Ratings for Volkswagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen and related companies with MarketBeat.com's FREE daily email newsletter.