Morgan Stanley Reiterates “Neutral” Rating for Volkswagen (VOW3)

Morgan Stanley reissued their neutral rating on shares of Volkswagen (ETR:VOW3) in a research note published on Monday morning.

A number of other equities research analysts have also recently issued reports on VOW3. Credit Suisse Group set a €227.00 ($280.25) target price on shares of Volkswagen and gave the stock a buy rating in a research report on Tuesday, January 16th. Sanford C. Bernstein set a €220.00 ($271.60) target price on shares of Volkswagen and gave the stock a buy rating in a research report on Friday, February 9th. JPMorgan Chase & Co. set a €213.00 ($262.96) target price on shares of Volkswagen and gave the stock a buy rating in a research report on Monday, October 30th. Kepler Capital Markets set a €190.00 ($234.57) target price on shares of Volkswagen and gave the stock a buy rating in a research report on Wednesday, November 1st. Finally, Independent Research set a €183.00 ($225.93) target price on shares of Volkswagen and gave the stock a neutral rating in a research report on Wednesday, December 27th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and nineteen have given a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of €193.21 ($238.53).

Volkswagen (ETR:VOW3) opened at €166.08 ($205.04) on Monday. Volkswagen has a one year low of €124.75 ($154.01) and a one year high of €192.30 ($237.41). The stock has a market cap of $84,960.00 and a price-to-earnings ratio of 11.99.

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Volkswagen Company Profile

Volkswagen Aktiengesellschaft, 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 genuine parts.

Analyst Recommendations for Volkswagen (ETR:VOW3)

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