Volkswagen (ETR:VOW3) Given a €189.00 Price Target at Nord/LB

Volkswagen (ETR:VOW3) has been assigned a €189.00 ($233.33) target price by equities research analysts at Nord/LB in a research report issued on Friday, February 23rd. The firm currently has a “buy” rating on the stock. Nord/LB’s price target suggests a potential upside of 19.18% from the stock’s previous close.

VOW3 has been the topic of a number of other reports. UBS Group set a €210.00 ($259.26) price target on Volkswagen and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Morgan Stanley set a €135.00 ($166.67) price target on Volkswagen and gave the stock a “neutral” rating in a research report on Tuesday, November 21st. Goldman Sachs Group set a €250.00 ($308.64) price objective on Volkswagen and gave the stock a “buy” rating in a report on Wednesday, December 20th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Volkswagen in a report on Monday, November 20th. Finally, Kepler Capital Markets set a €220.00 ($271.60) price objective on Volkswagen and gave the stock a “buy” rating in a report on Tuesday, January 23rd. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of €192.50 ($237.65).

Shares of Volkswagen (ETR VOW3) traded up €1.70 ($2.10) during trading on Friday, hitting €158.58 ($195.78). The stock had a trading volume of 940,146 shares, compared to its average volume of 1,560,000. The firm has a market cap of $80,550.00 and a PE ratio of 11.45. Volkswagen has a fifty-two week low of €124.75 ($154.01) and a fifty-two week high of €192.30 ($237.41).

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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.

Analyst Recommendations for Volkswagen (ETR:VOW3)

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