Volkswagen (ETR:VOW3) has been assigned a €200.00 ($232.56) price target by equities research analysts at JPMorgan Chase & Co. in a research note issued on Monday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 29.57% from the company’s previous close.
A number of other equities analysts have also commented on the stock. Commerzbank set a €185.00 ($215.12) price objective on shares of Volkswagen and gave the stock a “buy” rating in a research note on Monday, September 3rd. UBS Group set a €210.00 ($244.19) target price on shares of Volkswagen and gave the company a “buy” rating in a research note on Wednesday, August 1st. Credit Suisse Group set a €222.00 ($258.14) target price on shares of Volkswagen and gave the company a “buy” rating in a research note on Wednesday, July 18th. Berenberg Bank set a €125.00 ($145.35) target price on shares of Volkswagen and gave the company a “sell” rating in a research note on Tuesday, August 21st. Finally, DZ Bank reissued a “sell” rating on shares of Volkswagen in a research note on Thursday, August 2nd. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. Volkswagen currently has a consensus rating of “Buy” and a consensus price target of €192.08 ($223.35).
Volkswagen stock opened at €154.36 ($179.49) on Monday. Volkswagen has a 52 week low of €124.75 ($145.06) and a 52 week high of €192.30 ($223.60).
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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