Several other equities analysts have also commented on VOW3. Bank of America Corp. set a €90.00 ($100.00) price objective on Volkswagen AG and gave the company a sell rating in a research report on Monday, July 11th. BNP Paribas set a €146.00 ($162.22) price objective on Volkswagen AG and gave the company a buy rating in a research report on Monday, June 27th. JPMorgan Chase & Co. set a €185.00 ($205.56) price objective on Volkswagen AG and gave the company a buy rating in a research report on Monday, July 11th. Commerzbank AG set a €137.00 ($152.22) price objective on Volkswagen AG and gave the company a neutral rating in a research report on Monday, July 18th. Finally, Morgan Stanley reissued a neutral rating on shares of Volkswagen AG in a research report on Friday, June 10th. Six analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of €136.76 ($151.96).
Volkswagen AG (ETR:VOW3) opened at 113.90 on Friday. Volkswagen AG has a 52-week low of €86.46 and a 52-week high of €138.90. The company’s 50-day moving average is €122.54 and its 200 day moving average is €120.61. The company’s market cap is €57.10 billion.
About Volkswagen AG
Volkswagen AG is a Germany-based automobile manufacturer and a carmaker in Europe. The Company develops vehicles and components, and produces and sells vehicles, in particular passenger cars and light commercial vehicles for the passenger cars and commercial vehicles brands. The activities of the Company’s Automotive division consists of the development of vehicles and engines, the production and sale of passenger cars, light commercial vehicles, trucks, buses and motorcycles, as well as the genuine parts, large-bore diesel engines, turbomachinery, special gear units, propulsion components and testing systems businesses.
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