A number of other analysts have also recently commented on the company. Societe Generale set a €188.00 ($232.10) price target on Volkswagen and gave the company a buy rating in a research note on Monday, October 30th. Warburg Research set a €185.00 ($228.40) price objective on Volkswagen and gave the company a buy rating in a report on Monday, October 30th. Independent Research set a €158.00 ($195.06) price target on Volkswagen and gave the company a neutral rating in a report on Monday, October 30th. Credit Suisse Group set a €227.00 ($280.25) price objective on Volkswagen and gave the stock a buy rating in a research report on Monday, October 30th. Finally, Deutsche Bank set a €170.00 ($209.88) target price on Volkswagen and gave the company a neutral rating in a research report on Tuesday, October 31st. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and twenty have assigned a buy rating to the stock. Volkswagen presently has a consensus rating of Buy and an average price target of €192.12 ($237.19).
Shares of Volkswagen (ETR VOW3) traded up €2.18 ($2.69) during midday trading on Monday, reaching €156.70 ($193.46). 1,690,534 shares of the company traded hands, compared to its average volume of 1,580,000. Volkswagen has a 1-year low of €124.75 ($154.01) and a 1-year high of €192.30 ($237.41). The firm has a market cap of $79,470.00 and a P/E ratio of 11.31.
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.
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