A number of other equities research analysts have also recently weighed in on the company. Citigroup Inc. restated a buy rating on shares of Volkswagen AG in a research note on Wednesday, November 23rd. Goldman Sachs Group Inc. set a €153.00 ($161.05) price objective on Volkswagen AG and gave the stock a buy rating in a research note on Wednesday, November 23rd. Barclays PLC set a €168.00 ($176.84) price objective on Volkswagen AG and gave the stock a buy rating in a research note on Tuesday, November 22nd. Berenberg Bank set a €98.00 ($103.16) price objective on Volkswagen AG and gave the stock a sell rating in a research note on Tuesday, November 22nd. Finally, BNP Paribas set a €150.00 ($157.89) target price on Volkswagen AG and gave the company a buy rating in a research report on Monday, November 21st. Six analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of €137.58 ($144.82).
Volkswagen AG (ETR:VOW3) opened at 122.381 on Wednesday. Volkswagen AG has a 52-week low of €92.78 and a 52-week high of €138.90. The stock has a market capitalization of €61.35 billion and a PE ratio of 110.752. The stock’s 50 day moving average price is €121.01 and its 200-day moving average price is €121.83.
About Volkswagen AG
Volkswagen AG is an automobile manufacturer and a carmaker. The Company develops vehicles and components for its brands. It also produces and sells vehicles. The activities of its Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.
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