Volkswagen (ETR:VOW3) has been assigned a €213.00 ($262.96) price target by investment analysts at JPMorgan Chase & Co. in a research note issued on Tuesday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 30.28% from the company’s previous close.
A number of other equities research analysts have also recently commented on VOW3. Sanford C. Bernstein set a €220.00 ($271.60) price target on shares of Volkswagen and gave the company a “buy” rating in a report on Thursday, February 15th. Deutsche Bank set a €210.00 ($259.26) target price on shares of Volkswagen and gave the stock a “buy” rating in a report on Wednesday, February 14th. Independent Research set a €158.00 ($195.06) target price on shares of Volkswagen and gave the stock a “neutral” rating in a report on Monday, October 30th. Kepler Capital Markets set a €220.00 ($271.60) target price on shares of Volkswagen and gave the stock a “buy” rating in a report on Thursday, February 8th. Finally, Morgan Stanley restated a “neutral” rating on shares of Volkswagen in a report on Monday, February 12th. Two analysts have rated the stock with a sell rating, four have given a hold rating and nineteen have given a buy rating to the stock. Volkswagen presently has a consensus rating of “Buy” and a consensus target price of €193.21 ($238.53).
Volkswagen (VOW3) traded down €2.36 ($2.91) during trading hours on Tuesday, hitting €163.50 ($201.85). 652,423 shares of the stock were exchanged, compared to its average volume of 1,470,000. Volkswagen has a 1 year low of €124.75 ($154.01) and a 1 year high of €192.30 ($237.41). The stock has a market capitalization of $83,070.00 and a PE ratio of 11.81.
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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