Volkswagen (ETR:VOW3) has been given a €200.00 ($232.56) price objective by analysts at JPMorgan Chase & Co. in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 34.44% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. DZ Bank restated a “sell” rating on shares of Volkswagen in a research note on Thursday, August 2nd. Barclays set a €209.00 ($243.02) price target on Volkswagen and gave the company a “buy” rating in a research note on Monday, August 20th. Kepler Capital Markets set a €222.00 ($258.14) price target on Volkswagen and gave the company a “buy” rating in a research note on Tuesday, September 18th. Jefferies Financial Group set a €210.00 ($244.19) price target on Volkswagen and gave the company a “buy” rating in a research note on Friday, September 21st. Finally, HSBC set a €166.00 ($193.02) price target on Volkswagen and gave the company a “buy” rating in a research note on Monday, October 15th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and nineteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of €192.08 ($223.35).
Volkswagen stock opened at €148.76 ($172.98) on Tuesday. Volkswagen has a 52-week low of €124.75 ($145.06) and a 52-week high of €192.30 ($223.60).
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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