Volkswagen (ETR:VOW3) received a €188.00 ($232.10) price target from research analysts at Societe Generale in a research report issued on Wednesday. The firm presently has a “buy” rating on the stock. Societe Generale’s price target would suggest a potential upside of 19.97% from the stock’s current price.
Other research analysts have also recently issued reports about the company. Warburg Research set a €185.00 ($228.40) price objective on Volkswagen and gave the company a “buy” rating in a report on Tuesday, November 21st. Kepler Capital Markets set a €190.00 ($234.57) price objective on Volkswagen and gave the company a “buy” rating in a report on Tuesday, November 21st. Goldman Sachs Group set a €210.00 ($259.26) price objective on Volkswagen and gave the company a “buy” rating in a report on Tuesday, November 21st. UBS Group set a €210.00 ($259.26) price objective on Volkswagen and gave the company a “buy” rating in a report on Monday, November 20th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Volkswagen in a report on Monday, November 20th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and twenty have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of €192.12 ($237.19).
Shares of Volkswagen (VOW3) traded up €2.18 ($2.69) during mid-day trading on Wednesday, reaching €156.70 ($193.46). The company had a trading volume of 1,690,534 shares, compared to its average volume of 1,580,000. The company has a market capitalization of $79,460.00 and a PE ratio of 11.31. Volkswagen has a 52-week low of €124.75 ($154.01) and a 52-week high of €192.30 ($237.41).
Volkswagen Company Profile
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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