Volkswagen (ETR:VOW3) Given a €201.00 Price Target by Credit Suisse Group Analysts

Volkswagen (ETR:VOW3) has been assigned a €201.00 ($233.72) price target by equities researchers at Credit Suisse Group in a research report issued on Tuesday, February 5th. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s target price would indicate a potential upside of 30.37% from the stock’s previous close.

Several other research analysts have also recently issued reports on the company. Nord/LB set a €170.00 ($197.67) price target on Volkswagen and gave the company a “buy” rating in a report on Tuesday, October 16th. BNP Paribas set a €196.00 ($227.91) target price on shares of Volkswagen and gave the company a “buy” rating in a research note on Tuesday, October 16th. Societe Generale set a €208.00 ($241.86) target price on shares of Volkswagen and gave the company a “buy” rating in a research note on Tuesday, October 16th. HSBC set a €166.00 ($193.02) target price on shares of Volkswagen and gave the company a “buy” rating in a research note on Monday, October 15th. Finally, JPMorgan Chase & Co. set a €200.00 ($232.56) target price on shares of Volkswagen and gave the company a “buy” rating in a research note on Tuesday, October 9th. Three analysts have rated the stock with a sell rating, four have given a hold rating and seventeen have given a buy rating to the stock. Volkswagen has a consensus rating of “Buy” and a consensus price target of €190.04 ($220.98).

Shares of ETR VOW3 traded up €3.28 ($3.81) during midday trading on Tuesday, hitting €154.18 ($179.28). 1,438,320 shares of the company’s stock were exchanged, compared to its average volume of 1,610,000. Volkswagen has a twelve month low of €124.75 ($145.06) and a twelve month high of €192.30 ($223.60).

About Volkswagen

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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Analyst Recommendations for Volkswagen (ETR:VOW3)

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