Volkswagen (ETR:VOW3) has been given a €170.00 ($197.67) target price by analysts at Morgan Stanley in a research note issued on Tuesday, January 29th. The firm presently has a “neutral” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 15.90% from the stock’s previous close.
A number of other equities analysts have also recently issued reports on the stock. UBS Group set a €210.00 ($244.19) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Thursday, January 24th. Jefferies Financial Group set a €180.00 ($209.30) target price on shares of Volkswagen and gave the stock a “buy” rating in a report on Wednesday, January 23rd. Credit Suisse Group set a €203.00 ($236.05) target price on shares of Volkswagen and gave the stock a “buy” rating in a report on Tuesday, January 22nd. Deutsche Bank reiterated a “buy” rating on shares of Volkswagen in a report on Monday, January 21st. Finally, Independent Research set a €162.00 ($188.37) target price on shares of Volkswagen and gave the stock a “neutral” rating in a report on Tuesday, January 15th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of €190.17 ($221.13).
VOW3 stock traded up €3.50 ($4.07) during midday trading on Tuesday, reaching €146.68 ($170.56). The company’s stock had a trading volume of 1,547,699 shares, compared to its average volume of 1,610,000. Volkswagen has a 52 week low of €124.75 ($145.06) and a 52 week high of €192.30 ($223.60).
Volkswagen Company Profile
Volkswagen AG, 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 related parts.
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