Sanford C. Bernstein Reiterates “€220.00” Price Target for Volkswagen (VOW3)
Volkswagen (ETR:VOW3) has been given a €220.00 ($255.81) price objective by Sanford C. Bernstein in a report released on Tuesday. The brokerage currently has a “buy” rating on the stock. Sanford C. Bernstein’s price objective indicates a potential upside of 44.39% from the company’s previous close.
Several other equities analysts have also weighed in on VOW3. Warburg Research set a €200.00 ($232.56) price objective on shares of Volkswagen and gave the company a “buy” rating in a research report on Thursday, August 2nd. JPMorgan Chase & Co. set a €200.00 ($232.56) price target on shares of Volkswagen and gave the stock a “buy” rating in a research report on Monday. Barclays set a €206.00 ($239.53) target price on shares of Volkswagen and gave the company a “buy” rating in a report on Thursday, November 15th. Societe Generale set a €208.00 ($241.86) target price on shares of Volkswagen and gave the company a “buy” rating in a report on Thursday, August 2nd. Finally, Kepler Capital Markets set a €222.00 ($258.14) target price on shares of Volkswagen and gave the company a “buy” rating in a report on Wednesday, October 3rd. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of €192.40 ($223.72).
Shares of VOW3 stock opened at €152.36 ($177.16) on Tuesday. Volkswagen has a one year low of €124.75 ($145.06) and a one year high of €192.30 ($223.60).
Volkswagen AG, 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 related parts.
Featured Story: Initial Public Offering (IPO)
Receive News & Ratings for Volkswagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen and related companies with MarketBeat.com's FREE daily email newsletter.