Volkswagen AG (VOW3) PT Set at €137.00 by Commerzbank AG

Volkswagen AG (ETR:VOW3) received a €137.00 ($150.55) price target from equities researchers at Commerzbank AG in a research note issued to investors on Friday. The firm currently has a a “neutral” rating on the stock.

A number of other equities research analysts have also weighed in on the company. Bank of America Corp. set a €100.00 ($109.89) price objective on Volkswagen AG and gave the company a “sell” rating in a research note on Friday, June 17th. JPMorgan Chase & Co. set a €168.00 ($184.62) price objective on Volkswagen AG and gave the company a “neutral” rating in a research note on Friday, June 17th. Baader Bank set a €135.00 ($148.35) price objective on Volkswagen AG and gave the company a “neutral” rating in a research note on Friday, June 17th. Societe Generale set a €140.00 ($153.85) price objective on Volkswagen AG and gave the company a “neutral” rating in a research note on Friday, June 17th. Finally, Independent Research GmbH set a €114.00 ($125.27) price objective on Volkswagen AG and gave the company a “sell” rating in a research note on Friday, June 17th. Six investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of €137.72 ($151.34).

Analyst Recommendations for Volkswagen AG (ETR:VOW3)

Volkswagen AG (ETR:VOW3) opened at 119.791 on Friday. The firm’s market cap is €60.05 billion. Volkswagen AG has a 12-month low of €92.78 and a 12-month high of €138.90. The stock has a 50 day moving average price of €120.62 and a 200-day moving average price of €120.97.

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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