Other analysts also recently issued reports about the company. Citigroup set a €194.00 ($230.95) price target on Volkswagen and gave the stock a buy rating in a report on Wednesday, August 9th. Sanford C. Bernstein set a €150.00 ($178.57) target price on Volkswagen and gave the company a neutral rating in a research note on Wednesday, September 20th. Nord/LB set a €145.00 ($172.62) target price on Volkswagen and gave the company a buy rating in a research note on Friday, August 11th. BNP Paribas set a €170.00 ($202.38) target price on Volkswagen and gave the company a buy rating in a research note on Friday, September 29th. Finally, Independent Research set a €143.00 ($170.24) target price on Volkswagen and gave the company a neutral rating in a research note on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have given a buy rating to the company. The company has an average rating of Buy and an average target price of €178.78 ($212.84).
Shares of Volkswagen (ETR:VOW3) traded up €3.25 ($3.87) during trading on Wednesday, reaching €169.15 ($201.37). The company’s stock had a trading volume of 900,060 shares, compared to its average volume of 1,770,000. Volkswagen has a 52-week low of €117.20 ($139.52) and a 52-week high of €179.20 ($213.33).
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.
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