A number of other research firms have also recently issued reports on VOW3. Berenberg Bank set a €125.00 ($145.35) target price on shares of Volkswagen and gave the stock a sell rating in a research note on Tuesday, August 21st. Independent Research set a €167.00 ($194.19) target price on shares of Volkswagen and gave the stock a neutral rating in a research note on Friday, September 21st. Commerzbank set a €185.00 ($215.12) target price on shares of Volkswagen and gave the stock a buy rating in a research note on Monday, September 3rd. Credit Suisse Group set a €205.00 ($238.37) target price on shares of Volkswagen and gave the stock a buy rating in a research note on Tuesday, August 28th. Finally, Sanford C. Bernstein restated a buy rating on shares of Volkswagen in a research note on Friday, September 21st. Three analysts have rated the stock with a sell rating, four have given a hold rating and nineteen have assigned a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of €192.40 ($223.72).
VOW3 stock traded down €0.44 ($0.51) during trading hours on Tuesday, reaching €151.92 ($176.65). The stock had a trading volume of 1,120,391 shares, compared to its average volume of 1,610,000. Volkswagen has a fifty-two week low of €124.75 ($145.06) and a fifty-two week 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.
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