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Volkswagen AG (NASDAQ:VLKAY) has received a consensus broker rating score of 3.00 (Hold) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a sell recommendation and one has given a strong buy recommendation to the company. Volkswagen AG’s rating score has declined by 20% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Brokerages have set a 12 month consensus price target of $19.86 for the company, according to Zacks. Zacks has also given Volkswagen AG an industry rank of 107 out of 265 based on the ratings given to related companies.
VLKAY has been the subject of a number of research analyst reports. Zacks Investment Research cut Volkswagen AG from a “buy” rating to a “hold” rating in a report on Saturday, June 25th. Jefferies Group initiated coverage on Volkswagen AG in a report on Tuesday, August 9th. They set an “underperform” rating for the company.

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Volkswagen AG (NASDAQ:VLKAY) traded down 1.42% during trading on Tuesday, reaching $29.20. The company had a trading volume of 33,101 shares. Volkswagen AG has a 52 week low of $22.71 and a 52 week high of $38.37. The company’s 50-day moving average is $29.22 and its 200 day moving average is $29.25. The firm’s market capitalization is $73.19 billion.
About Volkswagen AG
Volkswagen AG is a Germany-based automobile manufacturer and a carmaker in Europe. The Company 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. 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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