Volkswagen AG Preference Shares (ETR:VOW3) has been given a €185.00 ($215.12) price target by investment analysts at Commerzbank in a research note issued on Wednesday, August 22nd. The firm presently has a “buy” rating on the stock. Commerzbank’s price objective points to a potential upside of 28.47% from the stock’s previous close.
Other equities analysts have also recently issued research reports about the company. 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 Monday, May 7th. equinet set a €162.00 ($188.37) price target on Volkswagen AG Preference Shares and gave the stock a “neutral” rating in a report on Friday, April 27th. Cfra set a €183.00 ($212.79) price target on Volkswagen AG Preference Shares and gave the stock a “buy” rating in a report on Friday, April 27th. Warburg Research set a €210.00 ($244.19) target price on Volkswagen AG Preference Shares and gave the company a “buy” rating in a report on Friday, April 27th. Finally, DZ Bank reissued a “sell” rating on shares of Volkswagen AG Preference Shares in a report on Thursday, August 2nd. Three analysts have rated the stock with a sell rating, four have issued a hold rating and twenty have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of €194.62 ($226.30).
Volkswagen AG Preference Shares stock traded up €3.22 ($3.74) during trading hours on Wednesday, hitting €144.00 ($167.44). 1,657,255 shares of the stock traded hands, compared to its average volume of 1,610,000. Volkswagen AG Preference Shares has a 1 year low of €124.75 ($145.06) and a 1 year high of €192.30 ($223.60).
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.
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