A number of other research firms also recently issued reports on VOW3. BNP Paribas set a €154.00 ($171.11) price objective on Volkswagen AG and gave the stock a buy rating in a report on Monday, June 20th. DZ Bank AG restated a sell rating on shares of Volkswagen AG in a report on Monday, June 20th. Bank of America Corp. set a €100.00 ($111.11) price target on Volkswagen AG and gave the company a sell rating in a report on Friday, June 17th. Bankhaus Lampe set a €142.00 ($157.78) price target on Volkswagen AG and gave the company a neutral rating in a report on Friday, June 17th. Finally, Baader Bank set a €135.00 ($150.00) price target on Volkswagen AG and gave the company a neutral rating in a report on Friday, June 17th. Six research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company’s stock. Volkswagen AG has a consensus rating of Hold and an average price target of €137.20 ($152.44).
Shares of Volkswagen AG (ETR:VOW3) opened at 120.20 on Thursday. Volkswagen AG has a 12-month low of €92.78 and a 12-month high of €138.90. The stock’s market capitalization is €60.26 billion. The firm’s 50-day moving average is €120.92 and its 200 day moving average is €120.81.
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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