Volkswagen (VOW3) Given a €203.00 Price Target at Credit Suisse Group

Volkswagen (ETR:VOW3) has been assigned a €203.00 ($236.05) target price by equities researchers at Credit Suisse Group in a report released on Tuesday. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s price target suggests a potential upside of 38.34% from the stock’s previous close.

Several other equities analysts also recently commented on VOW3. Sanford C. Bernstein set a €220.00 ($255.81) target price on Volkswagen and gave the company a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. set a €200.00 ($232.56) price target on Volkswagen and gave the company a “buy” rating in a research note on Tuesday. Warburg Research set a €200.00 ($232.56) price target on Volkswagen and gave the company a “buy” rating in a research note on Thursday, August 2nd. Independent Research set a €161.00 ($187.21) price target on Volkswagen and gave the company a “neutral” rating in a research note on Tuesday. Finally, Jefferies Financial Group set a €200.00 ($232.56) price target on Volkswagen and gave the company a “buy” rating in a research note on Tuesday. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the stock. Volkswagen presently has a consensus rating of “Buy” and an average target price of €192.08 ($223.35).

Shares of Volkswagen stock traded up €4.32 ($5.02) on Tuesday, hitting €146.74 ($170.63). The stock had a trading volume of 2,700,967 shares, compared to its average volume of 1,610,000. Volkswagen has a twelve month low of €124.75 ($145.06) and a twelve month 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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Analyst Recommendations for Volkswagen (ETR:VOW3)

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