A number of other analysts also recently weighed in on the stock. Goldman Sachs set a €250.00 ($308.64) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Monday, February 12th. Credit Suisse Group set a €227.00 ($280.25) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Wednesday, November 29th. Berenberg Bank set a €120.00 ($148.15) price target on shares of Volkswagen and gave the stock a sell rating in a research report on Monday, January 15th. HSBC set a €197.00 ($243.21) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Wednesday, February 21st. Finally, Morgan Stanley set a €135.00 ($166.67) price target on shares of Volkswagen and gave the stock a neutral rating in a research report on Thursday, January 11th. Two analysts have rated the stock with a sell rating, four have given a hold rating and twenty have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus target price of €192.00 ($237.04).
Volkswagen (ETR VOW3) traded up €7.60 ($9.38) during mid-day trading on Friday, hitting €162.12 ($200.15). 2,001,883 shares of the stock were exchanged, compared to its average volume of 1,610,000. Volkswagen has a twelve month low of €124.75 ($154.01) and a twelve month high of €192.30 ($237.41). The firm has a market capitalization of $82,590.00 and a P/E ratio of 7.16.
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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.
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