In a report released today, Jose Asumendi from J.P. Morgan maintained a Hold rating on Volkswagen, with a price target of €110.00. The company’s shares closed yesterday at €93.58.
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According to TipRanks, Asumendi is a 4-star analyst with an average return of 6.3% and a 53.21% success rate. Asumendi covers the Consumer Cyclical sector, focusing on stocks such as Continental Aktiengesellschaft, Bayerische Motoren Werke Aktiengesellschaft, and Volkswagen.
In addition to J.P. Morgan, Volkswagen also received a Hold from DZ BANK AG’s Michael Punzet in a report issued on September 25. However, on September 24, Berenberg Bank maintained a Buy rating on Volkswagen (LSE: 0P6O).
0P6O market cap is currently €46.99B and has a P/E ratio of 5.52.
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- Trump threatens new tariffs on drugs, kitchen cabinets, trucks: Morning Buzz
- Trump to impose 25% tariff on heavy truck imports starting October 1
- EU new car registrations up 5.3% in August
- Volkswagen upgraded to Outperform from Sector Perform at RBC Capital
- Porsche AG, Volkswagen cut 2025 return on sales forecast
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