Volkswagen (ETR:VOW3) has been given a €196.00 ($227.91) target price by research analysts at BNP Paribas in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. BNP Paribas’ price objective would suggest a potential upside of 32.61% from the company’s previous close.
Other analysts have also recently issued research reports about the company. Societe Generale set a €216.00 ($251.16) target price on Volkswagen and gave the stock a “buy” rating in a research report on Monday, June 25th. Jefferies Financial Group set a €210.00 ($244.19) price target on Volkswagen and gave the company a “buy” rating in a research report on Friday, July 20th. Barclays set a €210.00 ($244.19) price target on Volkswagen and gave the company a “buy” rating in a research report on Thursday, July 19th. JPMorgan Chase & Co. restated a “buy” rating on shares of Volkswagen in a research report on Tuesday, August 28th. Finally, Sanford C. Bernstein set a €220.00 ($255.81) price target on Volkswagen and gave the company a “buy” rating in a research report on Friday, July 6th. Three investment 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. The stock presently has a consensus rating of “Buy” and an average price target of €192.88 ($224.28).
Volkswagen stock opened at €147.80 ($171.86) on Tuesday. Volkswagen has a 1-year low of €124.75 ($145.06) and a 1-year high of €192.30 ($223.60).
Volkswagen Company Profile
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.
Read More: Price to Earnings Ratio (PE)
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