Volkswagen (VOW3) Given a €196.00 Price Target at Citigroup

Volkswagen (ETR:VOW3) received a €196.00 ($233.33) target price from equities researchers at Citigroup in a research report issued to clients and investors on Monday. The brokerage presently has a “buy” rating on the stock. Citigroup’s price objective would suggest a potential upside of 9.25% from the company’s current price.

Several other equities analysts have also recently commented on the company. Goldman Sachs Group set a €195.00 ($232.14) price target on Volkswagen and gave the company a “buy” rating in a report on Thursday, October 19th. Sanford C. Bernstein set a €180.00 ($214.29) price target on Volkswagen and gave the company a “buy” rating in a report on Thursday, October 19th. Credit Suisse Group set a €227.00 ($270.24) price target on Volkswagen and gave the company a “buy” rating in a report on Wednesday, November 29th. Morgan Stanley set a €135.00 ($160.71) price target on Volkswagen and gave the company a “neutral” rating in a report on Tuesday, October 24th. Finally, S&P Global set a €183.00 ($217.86) price target on Volkswagen and gave the company a “buy” rating in a report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eighteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of €187.39 ($223.08).

Volkswagen (ETR:VOW3) opened at €179.40 ($213.57) on Monday. The firm has a market capitalization of $90,200.00 and a PE ratio of 12.95. Volkswagen has a 12-month low of €124.75 ($148.51) and a 12-month high of €181.32 ($215.86).

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About Volkswagen

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.

Analyst Recommendations for Volkswagen (ETR:VOW3)

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