Volkswagen AG (OTCMKTS:VLKAY) has been given a consensus rating of “Hold” by the twelve research firms that are currently covering the firm. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $35.00.
Separately, Jefferies Group initiated coverage on shares of Volkswagen AG in a research report on Tuesday, August 9th. They set an “underperform” rating on the stock.
Shares of Volkswagen AG (OTCMKTS:VLKAY) opened at 29.01 on Monday. The firm has a 50-day moving average of $29.02 and a 200 day moving average of $29.26. Volkswagen AG has a 1-year low of $24.50 and a 1-year high of $32.18. The stock’s market cap is $72.71 billion.
Volkswagen AG Company Profile
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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