Kepler Capital Markets set a €222.00 ($258.14) price target on Volkswagen (ETR:VOW3) in a research report sent to investors on Wednesday, October 3rd. The firm currently has a buy rating on the stock.
Several other brokerages have also weighed in on VOW3. JPMorgan Chase & Co. reiterated a buy rating on shares of Volkswagen in a report on Tuesday, August 28th. Commerzbank set a €185.00 ($215.12) price objective on shares of Volkswagen and gave the stock a buy rating in a report on Monday, September 3rd. UBS Group set a €210.00 ($244.19) price objective on shares of Volkswagen and gave the stock a buy rating in a report on Wednesday, August 1st. Credit Suisse Group set a €222.00 ($258.14) price objective on shares of Volkswagen and gave the stock a buy rating in a report on Wednesday, July 18th. Finally, Berenberg Bank set a €125.00 ($145.35) price objective on shares of Volkswagen and gave the stock a sell rating in a report on Tuesday, August 21st. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of €193.50 ($225.00).
ETR:VOW3 opened at €140.16 ($162.98) on Wednesday. Volkswagen has a 12-month low of €124.75 ($145.06) and a 12-month 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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