Volkswagen AG (VLKAY) Rating Reiterated by Berenberg Bank
Volkswagen AG (NASDAQ:VLKAY)‘s stock had its “sell” rating reaffirmed by stock analysts at Berenberg Bank in a research report issued to clients and investors on Monday.
Several other research firms also recently issued reports on VLKAY. Zacks Investment Research downgraded Volkswagen AG from a “buy” rating to a “hold” rating in a research report on Saturday, October 22nd. Jefferies Group started coverage on Volkswagen AG in a research report on Tuesday, August 9th. They issued an “underperform” rating on the stock. HSBC raised Volkswagen AG from a “hold” rating to a “buy” rating in a research report on Monday, November 21st. Finally, Goldman Sachs Group Inc. raised Volkswagen AG from a “sell” rating to a “buy” rating in a research report on Tuesday, November 22nd. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $33.00.
Volkswagen AG (NASDAQ:VLKAY) opened at 27.615 on Monday. The stock has a 50 day moving average price of $0.00 and a 200 day moving average price of $0.00. Volkswagen AG has a 12 month low of $24.50 and a 12 month high of $32.18.
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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