" "Bernstein Reiterates "€150.00" Price Target for Volkswagen AG (ETR:VOW3)

Xavier Trudeau
Août 13, 2017

Jefferies Group LLC lowered shares of Volkswagen AG (NASDAQ:VLKAY) from a buy rating to a hold rating in a report published on Monday morning, The Fly reports. HSBC Holdings fixed a €179.00 ($210.59) price objective on Volkswagen AG and issued the shares a buy recommendation in a study report on early Wed, May 10th. equinet AG fixed a €166.00 ($195.29) price objective on Volkswagen AG and issued the shares a buy recommendation in a study report on early Tue, Jul 4th. Kepler Capital Markets set a €167.00 ($196.47) target price on shares of Volkswagen AG and gave the company a buy rating in a research note on Wednesday, March 15th. Barclays PLC set a €174.00 ($204.71) target price on shares of Volkswagen AG and gave the company a buy rating in a research note on Tuesday, March 28th. Finally, Citigroup Inc. set a €194.00 ($228.24) target price on Volkswagen AG and gave the company a buy rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have given a buy rating to the company's stock. Volkswagen AG now has a consensus rating of Hold and an average price target of €160.48 ($188.80).

Volkswagen AG (VOW3) declined 1.34% through out intraday market trading on early Wednesday, topping €126.67. 5,113 shares of the stock were exchanged. The corporation has a 50 Day SMA price of €135.61 and a two hundred day SMA of €139.03. Volkswagen AG has a 52 week low of €110.78 and a 52 week high of €156.32. The company has a market capitalization of €63.81 billion and a price-to-earnings ratio of 7.82.

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Volkswagen Aktiengesellschaft, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business. It also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands.

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