Volkswagen (ETR:VOW3) has been given a €203.00 ($236.05) price target by Barclays in a report released on Monday. The brokerage presently has a “buy” rating on the stock. Barclays’ target price would suggest a potential upside of 45.04% from the stock’s previous close.
Several other research analysts have also recently issued reports on the company. JPMorgan Chase & Co. reissued a “buy” rating on shares of Volkswagen in a research report on Tuesday, August 28th. Commerzbank set a €185.00 ($215.12) target price on Volkswagen and gave the stock a “buy” rating in a research report on Monday, September 3rd. UBS Group set a €210.00 ($244.19) target price on Volkswagen and gave the stock a “buy” rating in a research report on Wednesday, August 1st. Credit Suisse Group set a €222.00 ($258.14) target price on Volkswagen and gave the stock a “buy” rating in a research report on Wednesday, July 18th. Finally, Berenberg Bank set a €125.00 ($145.35) target price on Volkswagen and gave the stock a “sell” rating in a research report on Tuesday, August 21st. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and nineteen have issued a buy rating to the stock. Volkswagen currently has an average rating of “Buy” and an average target price of €192.56 ($223.91).
Shares of ETR:VOW3 opened at €139.96 ($162.74) 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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