Volkswagen (VOW3) Given a €210.00 Price Target at Deutsche Bank
Volkswagen (ETR:VOW3) received a €210.00 ($244.19) target price from equities research analysts at Deutsche Bank in a report issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s target price would suggest a potential upside of 40.88% from the stock’s previous close.
VOW3 has been the subject of a number of other research reports. Berenberg Bank set a €125.00 ($145.35) price objective on shares of Volkswagen and gave the company a “sell” rating in a report on Tuesday, August 21st. equinet set a €154.00 ($179.07) price target on shares of Volkswagen and gave the stock a “neutral” rating in a research note on Friday, November 2nd. Morgan Stanley set a €160.00 ($186.05) price target on shares of Volkswagen and gave the stock a “neutral” rating in a research note on Monday, November 12th. Independent Research set a €167.00 ($194.19) price target on shares of Volkswagen and gave the stock a “neutral” rating in a research note on Friday, September 21st. Finally, Commerzbank set a €185.00 ($215.12) price target on shares of Volkswagen and gave the stock a “buy” rating in a research note on Monday, September 3rd. Three research analysts have rated the stock with a sell rating, four have given a hold rating and nineteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of €192.40 ($223.72).
Shares of VOW3 stock opened at €149.06 ($173.33) on Wednesday. Volkswagen has a fifty-two week low of €124.75 ($145.06) and a fifty-two week 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.
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