Several other analysts have also recently weighed in on the company. HSBC Holdings plc set a €179.00 ($201.12) price target on Volkswagen AG and gave the stock a “buy” rating in a report on Wednesday, May 10th. Barclays PLC set a €174.00 ($195.51) price target on Volkswagen AG and gave the stock a “buy” rating in a report on Tuesday, May 9th. Goldman Sachs Group Inc set a €209.00 ($234.83) price target on Volkswagen AG and gave the stock a “buy” rating in a report on Tuesday, May 9th. Deutsche Bank AG set a €160.00 ($179.78) price target on Volkswagen AG and gave the stock a “neutral” rating in a report on Monday, May 8th. Finally, Commerzbank Ag set a €137.00 ($153.93) price target on Volkswagen AG and gave the stock a “neutral” rating in a report on Thursday, May 4th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of €154.04 ($173.08).
Volkswagen AG (ETR:VOW3) received a €188.00 ($211.24) price target from stock analysts at Citigroup Inc in a research report issued to clients and investors on Friday, May 12th. The firm presently has a “buy” rating on the stock.
Volkswagen AG (VOW3) traded up 1.441% during mid-day trading on Friday, hitting €137.725. 12,307 shares of the company’s stock were exchanged. The firm has a 50 day moving average of €140.47 and a 200 day moving average of €137.91. Volkswagen AG has a 52 week low of €103.70 and a 52 week high of €156.32. The stock has a market capitalization of €69.04 billion and a P/E ratio of 11.166.
About Volkswagen AG
Volkswagen AG is engaged in developing vehicles and components for its brands. It also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. The Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.