Volkswagen (ETR:VOW) Rating Reaffirmed
Recently, In a recent report shared with investors and clients on Friday morning, Volkswagen (ETR:VOW) shares have had their Neutral Rating reaffirmed by research professionals at equinet AG, who currently has a EUR 104.00 Estimated Target Price on company. This target by equinet AG may mean the possibile downside of -16.26% from the last stock close price.
From a total of 20 analysts covering Volkswagen (ETR:VOW) stock, 3 rate it a ”Buy”, 6 a “Sell”, and 11 a ”Hold”. This means that 15% 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 €129.21 with a -2.85% below today’s (€133) stock price. Volkswagen was the topic of 79 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Equinet maintained shares on November 27 with “Neutral” rating. Societe Generale maintained shares with “Hold” rating and €110 target share price in a report from a November 21. BNP Paribas maintained VOW stock in a recent report from November 25 with “Neutral” rating. Kepler Cheuvreux maintained the rating on November 19. Kepler Cheuvreux has a “Hold” rating and a €111 price target on shares. Finally, Independent Research downgraded the stock to “Sell” rating in a report issued on a November 24.
Approximately 30,974 shares of stock traded hands. Volkswagen AG (ETR:VOW) has risen 6.00% since October 28, 2015 and is uptrending. It has outperformed by 7.36% the S&P500.
Volkswagen AG is a Germany-based automobile maker and a carmaker in Europe. The company has a market cap of 64.64 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 10.8 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.