Noteworthy Rating Filing: Warburg Research Reiterates EUR 144.00 Target On Volkswagen (ETR:VOW), Reiterates Hold Rating

November 24, 2016 - By Adrian Mccoy

Noteworthy Rating Filing: Warburg Research Reiterates EUR 144.00 Target On Volkswagen (ETR:VOW), Reiterates Hold Rating

Volkswagen (ETR:VOW) Rating

Warburg Research currently has a EUR 144.00 target on the 64.43B EUR market cap company or 17.12% upside potential. In a note issued to clients and investors on 24 November, Volkswagen (ETR:VOW) stock had its Hold Rating reaffirmed by analysts at Warburg Research.

Volkswagen AG (ETR:VOW) Ratings Coverage

Out of 26 analysts covering Volkswagen (ETR:VOW), 6 rate it a “Buy”, 8 “Sell”, while 12 “Hold”. This means 23% are positive. €278 is the highest target while €80 is the lowest. The €134.79 average target is 1.69% above today’s (€132.55) stock price. Volkswagen has been the topic of 260 analyst reports since July 24, 2015 according to StockzIntelligence Inc. On Sunday, May 8 the stock rating was downgraded by Baader Wertpapierhandelsbank to “Sell”. The stock of Volkswagen AG (ETR:VOW) has “Hold” rating given on Saturday, April 23 by Societe Generale. The firm has “Underperform” rating by Credit Suisse given on Thursday, January 14. Deutsche Bank maintained Volkswagen AG (ETR:VOW) rating on Tuesday, March 8. Deutsche Bank has “Hold” rating and €135 price target. The stock of Volkswagen AG (ETR:VOW) earned “Sell” rating by Goldman Sachs on Wednesday, January 6. The rating was maintained by Deutsche Bank with “Hold” on Thursday, June 16. The rating was maintained by Deutsche Bank with “Hold” on Saturday, October 17. The firm has “Hold” rating given on Saturday, September 17 by Landesbank. Equinet downgraded the shares of VOW in a report on Wednesday, April 20 to “Reduce” rating. The company was upgraded on Tuesday, April 12 by UBS.

About 36,701 shares traded hands. Volkswagen AG (ETR:VOW) has risen 4.94% since April 18, 2016 and is uptrending. It has underperformed by 0.47% the S&P500.

Volkswagen AG is an automobile manufacturer and a carmaker. The company has a market cap of 64.43 billion EUR. The Firm develops vehicles and components for its brands. It has a 202.09 P/E ratio. It also produces and sells vehicles.

More news for Volkswagen AG (ETR:VOW) were recently published by: Reuters.com, which released: “BRIEF-Volkswagen Bank to become part of Volkswagen AG” on November 01, 2016. Business.Financialpost.com‘s article titled: “Volkswagen AG to cut 30000 jobs in landmark labour pact that will save $3.9 …” and published on November 18, 2016 is yet another important article.

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