Volkswagen (VOW3) Given a €197.00 Price Target at HSBC

Volkswagen (ETR:VOW3) has been assigned a €197.00 ($243.21) price target by research analysts at HSBC in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the stock. HSBC’s price objective suggests a potential upside of 20.45% from the company’s current price.

A number of other analysts have also recently weighed in on VOW3. Morgan Stanley set a €135.00 ($166.67) price objective on shares of Volkswagen and gave the company a “neutral” rating in a research report on Tuesday, October 24th. JPMorgan Chase & Co. set a €213.00 ($262.96) price objective on shares of Volkswagen and gave the company a “buy” rating in a research report on Tuesday, October 24th. Nord/LB set a €160.00 ($197.53) price objective on shares of Volkswagen and gave the company a “buy” rating in a research report on Friday, October 27th. S&P Global set a €183.00 ($225.93) price objective on shares of Volkswagen and gave the company a “buy” rating in a research report on Friday, October 27th. Finally, Societe Generale set a €188.00 ($232.10) price objective on shares of Volkswagen and gave the company a “buy” rating in a research report on Monday, October 30th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and nineteen have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of €192.83 ($238.07).

Volkswagen (VOW3) traded down €1.30 ($1.60) during trading hours on Wednesday, hitting €163.56 ($201.93). 1,137,050 shares of the stock were exchanged, compared to its average volume of 1,460,000. Volkswagen has a twelve month low of €124.75 ($154.01) and a twelve month high of €192.30 ($237.41). The company has a market cap of $83,030.00 and a PE ratio of 11.81.

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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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