Volkswagen (ETR:VOW3) has been given a €250.00 ($308.64) price objective by stock analysts at Goldman Sachs Group in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 49.75% from the stock’s previous close.
Several other equities research analysts have also issued reports on the stock. Citigroup set a €199.00 ($245.68) target price on shares of Volkswagen and gave the stock a “buy” rating in a report on Wednesday, October 18th. Sanford C. Bernstein set a €180.00 ($222.22) price target on shares of Volkswagen and gave the stock a “buy” rating in a research note on Thursday, October 19th. Credit Suisse Group set a €227.00 ($280.25) price target on shares of Volkswagen and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Morgan Stanley set a €135.00 ($166.67) price target on shares of Volkswagen and gave the stock a “neutral” rating in a research note on Tuesday, October 24th. Finally, S&P Global set a €183.00 ($225.93) price target on shares of Volkswagen and gave the stock a “buy” rating in a research note on Friday, October 27th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of €193.21 ($238.53).
Shares of Volkswagen (ETR VOW3) opened at €166.94 ($206.10) on Monday. The stock has a market cap of $82,840.00 and a PE ratio of 12.05. Volkswagen has a twelve month low of €124.75 ($154.01) and a twelve month high of €192.30 ($237.41).
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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