Volkswagen (ETR:VOW3) has been assigned a €210.00 ($259.26) price objective by investment analysts at Deutsche Bank in a report released on Monday. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective would indicate a potential upside of 27.15% from the company’s current price.
Other analysts also recently issued research reports about the company. Credit Suisse Group set a €227.00 ($280.25) price target on Volkswagen and gave the stock a “buy” rating in a research note on Tuesday, January 16th. JPMorgan Chase & Co. set a €213.00 ($262.96) target price on Volkswagen and gave the company a “buy” rating in a research note on Monday. Sanford C. Bernstein set a €220.00 ($271.60) target price on Volkswagen and gave the company a “buy” rating in a research note on Friday, February 9th. Kepler Capital Markets set a €190.00 ($234.57) target price on Volkswagen and gave the company a “buy” rating in a research note on Wednesday, November 1st. Finally, Independent Research set a €183.00 ($225.93) target price on Volkswagen and gave the company a “neutral” rating in a research note on Wednesday, December 27th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and nineteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of €192.83 ($238.07).
Shares of Volkswagen (VOW3) opened at €165.16 ($203.90) on Monday. The firm has a market capitalization of $82,500.00 and a P/E ratio of 11.92. Volkswagen has a 52 week low of €124.75 ($154.01) and a 52 week high of €192.30 ($237.41).
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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