BARCLAYS upgrades VOLKSWAGEN PREFERENCES to ‘Overweight’

LONDON (dpa-AFX Analyzer) – British investment bank Barclays has left its rating on Volkswagen Preferences (VW) at “Overweight” with a price target of 135 euros. When presenting annual figures, the car manufacturer was already has made it clear that profits in the first quarter may be below the overall level of the 2024 target, wrote analyst Henning Cosman in a study available on Tuesday. This makes sense due to the poor development of the Audi, Porsche and Volkswagen brands./la/gl

Publication of original research: April 15, 2024 / 8:03 pm / GMT First distribution of original research: April 16, 2024 / 3:00 am / GMT.

Note: Information on the obligation to provide information in the event of conflicts of interest within the meaning of Section 85 Para 1 WpHG, Art 20 Regulation (EU) 596/2014 for the said analyst company can be found.

When the news was published, Volkswagen (VW) Vz stock was down -1.58 % and the rate of 121.1EUR sold on Tradegate (April 16, 2024, 10:18 am).