Volkswagen AG (VOW3) PT Set at €150.00 by Macquarie
A number of other equities analysts also recently commented on VOW3. J P Morgan Chase & Co set a €197.00 ($234.52) price objective on Volkswagen AG and gave the stock a buy rating in a research report on Friday, May 19th. Morgan Stanley set a €135.00 ($160.71) price objective on Volkswagen AG and gave the stock a neutral rating in a research report on Saturday, May 20th. Citigroup Inc. set a €188.00 ($223.81) price objective on Volkswagen AG and gave the stock a buy rating in a research report on Saturday, May 20th. HSBC Holdings plc set a €179.00 ($213.10) price objective on Volkswagen AG and gave the stock a buy rating in a research report on Saturday, May 20th. Finally, Sanford C. Bernstein set a €150.00 ($178.57) price objective on Volkswagen AG and gave the stock a neutral rating in a research report on Monday, May 22nd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €160.26 ($190.79).
Shares of Volkswagen AG (VOW3) opened at 137.299 on Thursday. The company’s 50-day moving average price is €129.87 and its 200 day moving average price is €136.20. Volkswagen AG has a 12-month low of €110.78 and a 12-month high of €156.32. The stock has a market cap of €68.83 billion and a price-to-earnings ratio of 8.438.
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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.
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