UBS AG Reaffirms “Buy” Rating for Volkswagen AG (VOW3)
UBS AG reissued their buy rating on shares of Volkswagen AG (ETR:VOW3) in a report published on Thursday, www.boersen-zeitung.de reports.
Several other equities analysts have also weighed in on VOW3. Morgan Stanley set a €135.00 ($160.71) target price on Volkswagen AG and gave the company a neutral rating in a report on Wednesday, August 9th. Independent Research GmbH set a €141.00 ($167.86) target price on Volkswagen AG and gave the company a neutral rating in a report on Friday, August 11th. BNP Paribas set a €170.00 ($202.38) target price on Volkswagen AG and gave the company a buy rating in a report on Friday, September 8th. Sanford C. Bernstein set a €150.00 ($178.57) target price on Volkswagen AG and gave the company a neutral rating in a report on Wednesday. Finally, Kepler Capital Markets set a €175.00 ($208.33) target price on Volkswagen AG and gave the company a buy rating in a report on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of €160.26 ($190.79).
Shares of Volkswagen AG (ETR:VOW3) opened at 136.863 on Thursday. Volkswagen AG has a 52-week low of €110.78 and a 52-week high of €156.32. The stock has a market cap of €68.61 billion and a P/E ratio of 8.411. The firm’s 50-day moving average price is €129.87 and its 200-day moving average price is €136.20.
ILLEGAL ACTIVITY WARNING: This story was originally posted by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another publication, it was copied illegally and reposted in violation of United States and international copyright and trademark legislation. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/09/16/ubs-ag-reaffirms-buy-rating-for-volkswagen-ag-vow3.html.
About Volkswagen AG
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.
Receive News & Ratings for Volkswagen AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen AG and related companies with MarketBeat.com's FREE daily email newsletter.