Volkswagen (VOW3) Given a €120.00 Price Target at Berenberg Bank
VOW3 has been the topic of a number of other reports. UBS Group set a €210.00 ($250.00) price target on Volkswagen and gave the stock a buy rating in a research report on Wednesday, November 1st. Morgan Stanley set a €135.00 ($160.71) price target on Volkswagen and gave the stock a neutral rating in a research report on Tuesday, November 21st. Goldman Sachs Group set a €250.00 ($297.62) price target on Volkswagen and gave the stock a buy rating in a research report on Wednesday, December 20th. JPMorgan Chase & Co. set a €213.00 ($253.57) price target on Volkswagen and gave the stock a buy rating in a research report on Tuesday, October 10th. Finally, Barclays reissued a buy rating on shares of Volkswagen in a research report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eighteen have issued a buy rating to the company’s stock. Volkswagen has a consensus rating of Buy and an average target price of €189.13 ($225.16).
Shares of Volkswagen (ETR:VOW3) traded up €4.10 ($4.88) during mid-day trading on Monday, hitting €184.00 ($219.05). The stock had a trading volume of 1,960,000 shares, compared to its average volume of 1,070,000. The company has a market capitalization of $92,600.00 and a PE ratio of 13.29. Volkswagen has a 1 year low of €124.75 ($148.51) and a 1 year high of €185.74 ($221.12).
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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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