Sanford C. Bernstein Reiterates €150.00 Price Target for Volkswagen AG (VOW3)

Sanford C. Bernstein set a €150.00 ($168.54) target price on Volkswagen AG (ETR:VOW3) in a research report sent to investors on Monday morning. The firm currently has a neutral rating on the stock.

A number of other equities analysts have also commented on VOW3. Goldman Sachs Group Inc set a €193.00 ($216.85) target price on shares of Volkswagen AG and gave the stock a buy rating in a research report on Monday, January 23rd. Commerzbank Ag set a €137.00 ($153.93) target price on shares of Volkswagen AG and gave the stock a neutral rating in a research report on Tuesday, January 24th. Deutsche Bank AG set a €160.00 ($179.78) target price on shares of Volkswagen AG and gave the stock a buy rating in a research report on Wednesday, January 25th. Nord/LB set a €135.00 ($151.69) target price on shares of Volkswagen AG and gave the stock a sell rating in a research report on Friday, January 27th. Finally, HSBC Holdings plc set a €175.00 ($196.63) target price on shares of Volkswagen AG and gave the stock a buy rating in a research report on Tuesday, January 31st. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of €151.19 ($169.88).

Volkswagen AG (ETR:VOW3) opened at 139.18 on Monday. The firm’s 50 day moving average price is €139.71 and its 200-day moving average price is €137.25. Volkswagen AG has a 12-month low of €103.70 and a 12-month high of €156.32. The stock has a market cap of €69.77 billion and a P/E ratio of 11.28.

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About Volkswagen AG

Volkswagen AG is engaged in developing vehicles and components for its brands. It also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. The Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.

12 Month Chart for ETR:VOW3

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