HSBC Analysts Give Volkswagen AG Preference Shares (ETR:VOW3) a €178.00 Price Target

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HSBC set a €178.00 ($206.98) target price on Volkswagen AG Preference Shares (ETR:VOW3) in a report issued on Wednesday, July 25th. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a €213.00 ($247.67) price objective on Volkswagen AG Preference Shares and gave the company a buy rating in a report on Tuesday, March 27th. Goldman Sachs Group set a €241.00 ($280.23) price objective on Volkswagen AG Preference Shares and gave the company a buy rating in a report on Wednesday, March 28th. Sanford C. Bernstein set a €220.00 ($255.81) price objective on Volkswagen AG Preference Shares and gave the company a buy rating in a report on Wednesday, March 28th. Kepler Capital Markets set a €222.00 ($258.14) price objective on Volkswagen AG Preference Shares and gave the company a buy rating in a report on Wednesday, March 28th. Finally, UBS Group set a €210.00 ($244.19) price objective on Volkswagen AG Preference Shares and gave the company a buy rating in a report on Thursday, March 29th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and nineteen have given a buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of €195.92 ($227.81).

VOW3 traded down €3.46 ($4.02) during trading on Wednesday, reaching €144.38 ($167.88). 1,278,027 shares of the company’s stock were exchanged, compared to its average volume of 1,610,000. Volkswagen AG Preference Shares has a fifty-two week low of €124.75 ($145.06) and a fifty-two week high of €192.30 ($223.60).

Volkswagen AG Preference Shares Company Profile

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 related parts.

Further Reading: Diversification Important in Investing

Analyst Recommendations for Volkswagen AG Preference Shares (ETR:VOW3)

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