Volkswagen AG (ETR:VOW3) has been given a €165.00 ($173.68) target price by analysts at BNP Paribas in a report released on Monday. The brokerage presently has a “buy” rating on the stock.
Several other research firms have also commented on VOW3. Commerzbank AG set a €137.00 ($144.21) price objective on shares of Volkswagen AG and gave the stock a “neutral” rating in a research report on Monday, November 7th. J P Morgan Chase & Co reiterated a “buy” rating on shares of Volkswagen AG in a research report on Monday, November 21st. Barclays PLC set a €168.00 ($176.84) target price on shares of Volkswagen AG and gave the company a “buy” rating in a report on Tuesday, December 13th. Morgan Stanley set a €125.00 ($131.58) target price on shares of Volkswagen AG and gave the company a “neutral” rating in a report on Tuesday, December 6th. Finally, equinet AG set a €166.00 ($174.74) target price on shares of Volkswagen AG and gave the company a “buy” rating in a report on Tuesday, December 20th. Six analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of €137.08 ($144.30).
Shares of Volkswagen AG (ETR:VOW3) traded up 4.522% during midday trading on Monday, hitting €145.699. 41,590 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is €129.13 and its 200 day moving average price is €122.39. Volkswagen AG has a one year low of €92.78 and a one year high of €146.00. The firm has a market cap of €73.04 billion and a PE ratio of 131.854.
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About Volkswagen AG
Volkswagen AG is an automobile manufacturer and a carmaker. The Company develops vehicles and components for its brands. It also produces and sells vehicles. The activities of its Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.
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