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Volkswagen AG (VWAGY) Receives a Buy from Berenberg Bank

Tipranks - Thu Jul 30, 12:38AM CDT

Berenberg Bank analyst maintained a Buy rating on Volkswagen AG yesterday and set a price target of $11.50. The company’s shares closed yesterday at $8.57.

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The analyst consensus on Volkswagen AG is currently a Hold rating.

Based on Volkswagen AG’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $82.44 billion and a net profit of $1.34 billion. In comparison, last year the company earned a revenue of $80.81 billion and had a net profit of $2.34 billion

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