Several other analysts have also commented on VOW3. Baader Bank set a €135.00 ($150.00) price objective on Volkswagen AG and gave the company a neutral rating in a report on Friday, June 17th. Commerzbank AG set a €137.00 ($152.22) price objective on Volkswagen AG and gave the company a neutral rating in a report on Monday, August 29th. Deutsche Bank AG set a €150.00 ($166.67) price objective on Volkswagen AG and gave the company a neutral rating in a report on Wednesday, June 15th. Jefferies Group set a €100.00 ($111.11) price objective on Volkswagen AG and gave the company a sell rating in a report on Wednesday, September 7th. Finally, Warburg Research set a €155.00 ($172.22) target price on Volkswagen AG and gave the company a neutral rating in a research report on Tuesday, June 21st. Six research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of €137.20 ($152.44).
Volkswagen AG (ETR:VOW3) opened at 120.67 on Thursday. The company’s 50-day moving average price is €120.94 and its 200 day moving average price is €120.77. The stock’s market capitalization is €60.49 billion. Volkswagen AG has a 52-week low of €92.78 and a 52-week high of €138.90.
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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