Volkswagen AG (ETR:VOW3) has been assigned a €125.00 ($138.89) price target by investment analysts at Morgan Stanley in a note issued to investors on Wednesday. The brokerage currently has a a “neutral” rating on the stock.
A number of other research analysts have also weighed in on the company. BNP Paribas set a €154.00 ($171.11) price objective on Volkswagen AG and gave the company a “buy” rating in a research report on Monday, June 20th. Citigroup Inc. reaffirmed a “buy” rating on shares of Volkswagen AG in a research report on Tuesday, June 28th. Kepler Capital Markets set a €165.00 ($183.33) price objective on Volkswagen AG and gave the company a “buy” rating in a research report on Wednesday, June 29th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Volkswagen AG in a research report on Wednesday, June 29th. Finally, equinet AG set a €166.00 ($184.44) price objective on Volkswagen AG and gave the company a “buy” rating in a research report on Monday, July 4th. Six investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of €137.20 ($152.44).
Shares of Volkswagen AG (ETR:VOW3) opened at 117.999 on Wednesday. Volkswagen AG has a 52 week low of €92.78 and a 52 week high of €138.90. The firm has a 50 day moving average price of €120.76 and a 200 day moving average price of €120.83. The company’s market capitalization is €59.15 billion.
About Volkswagen AG
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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