Breaking: Kepler Cheuvreux Keeps EUR 111.00 Target On Volkswagen (ETR:VOW) Shares, Keeps Their Original Hold Rating

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Volkswagen (ETR:VOW) Rating Reaffirmed

They currently have a EUR 111.00 price target on Volkswagen (ETR:VOW). The target price by Kepler Cheuvreux would suggest a potential downside of -13.82% from the company’s stock price. This has been revealed to clients and investors in a comprehensive report on Saturday, 12 December.

From a total of 21 analysts covering Volkswagen (ETR:VOW) stock, 4 rate it a ”Buy”, 6 a “Sell”, and 11 a ”Hold”. This means that 19% of the ratings are positive. The highest target price is €278 while the lowest target price is €82. The mean of all analyst targets is €129.85 with a -5.63% below today’s (€137.6) stock price. Volkswagen was the topic of 90 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Landesbank downgraded shares on December 11 to “Sell” rating. Goldman Sachs downgraded shares to “Sell” rating and €100 target share price in a report from a December 5. UBS upgraded VOW stock in a recent report from December 10 to “Buy” rating. Baader Wertpapierhandelsbank maintained the rating on December 5. Baader Wertpapierhandelsbank has a “Hold” rating and a €100 price target on shares. Finally, Bernstein upgraded the stock to “Outperform” rating in a report issued on a December 9.

The stock decreased 1.43% or EUR 2 on December 11, striking EUR 137.6. Approximately 206,879 shares of stock traded hands. Volkswagen AG (ETR:VOW) has risen 6.00% since November 12, 2015 and is uptrending. It has outperformed by 9.02% the S&P500.

Breaking: Kepler Cheuvreux Keeps EUR 111.00 Target On Volkswagen (ETR:VOW) Shares, Keeps Their Original Hold Rating

Volkswagen AG is a Germany-based automobile maker and a carmaker in Europe. The company has a market cap of 67.62 billion EUR. The Firm develops vehicles and components, and produces and sells vehicles, in particular passenger cars and light commercial vehicles for the passenger cars and commercial vehicles brands. It has 11.18 P/E ratio. The activities of the Company’s Automotive division consists of the development of vehicles and engines, the production and sale of passenger cars, light commercial vehicles, trucks, buses and motorcycles, as well as the genuine parts, large-bore diesel engines, turbomachinery, special gear units, propulsion components and testing systems businesses.

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