A number of other research firms also recently commented on VOW3. BNP Paribas set a €170.00 ($200.00) price objective on Volkswagen AG and gave the stock a buy rating in a report on Friday, September 8th. Sanford C. Bernstein set a €150.00 ($176.47) price objective on Volkswagen AG and gave the stock a neutral rating in a report on Tuesday, October 3rd. Citigroup Inc. set a €194.00 ($228.24) price objective on Volkswagen AG and gave the stock a buy rating in a report on Wednesday, August 9th. Deutsche Bank AG restated a neutral rating on shares of Volkswagen AG in a report on Monday, September 18th. Finally, equinet AG set a €166.00 ($195.29) price objective on Volkswagen AG and gave the stock a buy rating in a report on Wednesday, October 4th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company. Volkswagen AG currently has an average rating of Hold and a consensus target price of €163.92 ($192.84).
Shares of Volkswagen AG (ETR VOW3) opened at 141.725 on Wednesday. Volkswagen AG has a 52 week low of €111.70 and a 52 week high of €156.32. The firm’s 50-day moving average is €137.58 and its 200-day moving average is €136.23. The stock has a market capitalization of €71.05 billion and a price-to-earnings ratio of 8.710.
About Volkswagen AG
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 genuine parts.
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