Volkswagen Group (VOW3) PT Set at €160.00 by Morgan Stanley

Volkswagen Group (ETR:VOW3) received a €160.00 ($197.53) price target from equities research analysts at Morgan Stanley in a research report issued on Tuesday. The brokerage presently has a “neutral” rating on the stock. Morgan Stanley’s price objective indicates a potential downside of 7.99% from the company’s current price.

A number of other research analysts have also weighed in on the company. Societe Generale set a €218.00 ($269.14) price objective on Volkswagen Group and gave the company a “buy” rating in a report on Monday. Sanford C. Bernstein set a €220.00 ($271.60) price objective on Volkswagen Group and gave the company a “buy” rating in a report on Monday. JPMorgan Chase set a €213.00 ($262.96) price objective on Volkswagen Group and gave the company a “buy” rating in a report on Monday. Nord/LB set a €195.00 ($240.74) price objective on Volkswagen Group and gave the company a “buy” rating in a report on Friday. Finally, UBS set a €210.00 ($259.26) price objective on Volkswagen Group and gave the company a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and twenty have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of €194.64 ($240.30).

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Shares of VOW3 stock traded up €1.76 ($2.17) during mid-day trading on Tuesday, reaching €173.90 ($214.69). The stock had a trading volume of 700,451 shares, compared to its average volume of 1,610,000. Volkswagen Group has a 1-year low of €124.75 ($154.01) and a 1-year high of €192.30 ($237.41).

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Volkswagen Group 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 related parts.

Analyst Recommendations for Volkswagen Group (ETR:VOW3)

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