Volkswagen AG (ETR:VOW3) Receives €158.71 Average Price Target from Brokerages
Volkswagen AG (ETR:VOW3) has been assigned an average recommendation of “Hold” from the twenty-five analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is €158.71 ($182.42).
A number of equities research analysts have recently issued reports on VOW3 shares. Jefferies Group LLC set a €110.00 ($126.44) price target on shares of Volkswagen AG and gave the stock a “sell” rating in a report on Monday, March 20th. Kepler Capital Markets set a €167.00 ($191.95) price target on shares of Volkswagen AG and gave the stock a “buy” rating in a report on Tuesday, March 21st. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Volkswagen AG in a report on Tuesday, March 21st. J P Morgan Chase & Co reissued a “buy” rating on shares of Volkswagen AG in a report on Tuesday, March 21st. Finally, Sanford C. Bernstein set a €150.00 ($172.41) price target on shares of Volkswagen AG and gave the stock a “neutral” rating in a report on Tuesday, March 21st.
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Shares of Volkswagen AG (ETR:VOW3) traded down 0.44% during trading on Friday, hitting €144.50. 10,059 shares of the stock traded hands. The company has a market cap of €72.44 billion and a P/E ratio of 11.72. Volkswagen AG has a 1-year low of €103.70 and a 1-year high of €156.32. The stock has a 50-day moving average of €136.55 and a 200 day moving average of €139.62.
Volkswagen AG Company Profile
Volkswagen AG is engaged in developing vehicles and components for its brands. It also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. The 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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