Citigroup Inc. Analysts Give Volkswagen AG (VOW3) a €199.00 Price Target
Volkswagen AG (ETR:VOW3) has been given a €199.00 ($234.12) price objective by analysts at Citigroup Inc. in a research note issued to investors on Wednesday. The brokerage currently has a “buy” rating on the stock.
Other equities research analysts also recently issued reports about the stock. Goldman Sachs Group, Inc. (The) set a €215.00 ($252.94) price objective on shares of Volkswagen AG and gave the stock a “buy” rating in a research note on Monday, July 10th. UBS AG set a €180.00 ($211.76) price objective on shares of Volkswagen AG and gave the stock a “buy” rating in a research note on Monday, July 10th. J P Morgan Chase & Co set a €197.00 ($231.76) price objective on shares of Volkswagen AG and gave the stock a “buy” rating in a research note on Monday, July 10th. Kepler Capital Markets set a €174.00 ($204.71) price objective on shares of Volkswagen AG and gave the stock a “buy” rating in a research note on Friday, June 23rd. Finally, equinet AG set a €166.00 ($195.29) target price on shares of Volkswagen AG and gave the company a “buy” rating in a research report on Tuesday, July 4th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock. Volkswagen AG presently has an average rating of “Hold” and an average price target of €163.00 ($191.76).
Volkswagen AG (VOW3) opened at 143.997 on Wednesday. The company has a market capitalization of €72.18 billion and a PE ratio of 8.849. Volkswagen AG has a 12-month low of €111.70 and a 12-month high of €156.32. The stock’s 50 day moving average price is €136.01 and its 200 day moving average price is €136.06.
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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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