Volkswagen AG (VOW3) PT Set at €105.00 by Berenberg Bank

Volkswagen AG (ETR:VOW3) has been assigned a €105.00 ($122.09) price objective by Berenberg Bank in a note issued to investors on Monday. The brokerage currently has a “sell” rating on the stock. Berenberg Bank’s target price would indicate a potential downside of 32.39% from the company’s current price.

Several other research firms also recently commented on VOW3. Barclays PLC set a €195.00 ($226.74) price target on shares of Volkswagen AG and gave the company a “buy” rating in a research report on Wednesday, November 8th. DZ Bank AG reiterated a “sell” rating on shares of Volkswagen AG in a research report on Thursday, November 9th. Sanford C. Bernstein set a €180.00 ($209.30) price target on shares of Volkswagen AG and gave the company a “buy” rating in a research report on Thursday, November 9th. Independent Research GmbH set a €141.00 ($163.95) price target on shares of Volkswagen AG and gave the company a “neutral” rating in a research report on Friday, July 28th. Finally, Macquarie set a €150.00 ($174.42) price target on shares of Volkswagen AG and gave the company a “neutral” rating in a research report on Friday, July 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of €173.70 ($201.97).

Volkswagen AG (VOW3) opened at €154.15 ($179.24) on Monday. Volkswagen AG has a 52-week low of €115.30 ($134.07) and a 52-week high of €165.45 ($192.38).

TRADEMARK VIOLATION NOTICE: This news story was first reported by Stock Observer and is the property of of Stock Observer. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this news story can be read at https://www.thestockobserver.com/2017/11/15/volkswagen-ag-vow3-pt-set-at-105-00-by-berenberg-bank.html.

About Volkswagen AG

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 AG (ETR:VOW3)

Receive News & Ratings for Volkswagen AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen AG and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply