Volkswagen AG (VOW3) Given a €194.00 Price Target at Citigroup Inc.

Citigroup Inc. set a €194.00 ($228.24) price target on Volkswagen AG (ETR:VOW3) in a research note issued to investors on Wednesday. The firm currently has a buy rating on the stock.

Several other research firms have also recently weighed in on VOW3. HSBC Holdings plc set a €163.00 ($191.76) price objective on shares of Volkswagen AG and gave the company a buy rating in a report on Monday, April 24th. Sanford C. Bernstein set a €150.00 ($176.47) price objective on shares of Volkswagen AG and gave the company a neutral rating in a report on Friday, April 21st. equinet AG set a €166.00 ($195.29) price objective on shares of Volkswagen AG and gave the company a buy rating in a report on Wednesday, April 19th. Nord/LB set a €145.00 ($170.59) price objective on shares of Volkswagen AG and gave the company a buy rating in a report on Wednesday, April 19th. Finally, Independent Research GmbH set a €156.00 ($183.53) price objective on shares of Volkswagen AG and gave the company a neutral rating in a report on Wednesday, April 19th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of €160.48 ($188.80).

Shares of Volkswagen AG (VOW3) opened at 127.30 on Wednesday. Volkswagen AG has a 12-month low of €110.78 and a 12-month high of €156.32. The firm has a market cap of €63.81 billion and a price-to-earnings ratio of 7.82. The company has a 50 day moving average of €135.35 and a 200-day moving average of €138.77.

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Volkswagen AG 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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