Volkswagen stock reacts to Kepler Cheuvreux and Berenberg targets as valuation gap persists

Published on 09/16/2026 at 14:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Volkswagen stock trades around EUR 78 to 81 on Xetra on September 16, 2026, leaving preference shares more than 20 percent below key analyst targets. Berenberg and Kepler Cheuvreux both reiterate positive views with price goals between EUR 92 and EUR 100.

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Volkswagen AG (ISIN DE0007664039) stock was quoted at EUR 78.44 on Xetra on September 16, 2026, down 3.18% from the previous close and leaving the preference shares more than 20% below several major analyst price targets as of that date.

Analyst targets highlight upside for Volkswagen stock

According to Zonebourse on September 16, 2026, Berenberg reiterated its positive view on Volkswagen preference shares with a Buy recommendation and kept its target price at EUR 100, while the last close on Xetra was EUR 81.02, implying about 23% upside versus that closing price.

On the same day, Kepler Cheuvreux raised its target price for Volkswagen preference stock from EUR 90 to EUR 92 and maintained a Buy rating, as reported by Goldesel on September 16, 2026; with the shares at EUR 80.76 at 08:46 a.m. that day, this new target signaled about 14% potential upside.

Sector headwinds contrast with moderate buy consensus

Reuters commented on September 16, 2026 that for European carmakers such as Volkswagen, low stock-market valuation multiples reflect a difficult operating reality, underscoring that the group trades at a modest earnings multiple compared with historical levels.

In parallel, the New York-traded ADR Volkswagen (ticker VWAGY) closed at USD 9.31 on September 15, 2026, down 0.85% on the day, with a 52-week range between USD 8.07 and USD 12.83 and a market capitalization of USD 46.67 billion, according to data summarized by MarketBeat.

Recent price action for Volkswagen stock

The Xetra quote of EUR 78.44 for Volkswagen preference shares on September 16, 2026 represented a 3.18% decline versus the prior trading day, with intraday data showing 398,007 shares changing hands as of that date and year-to-date performance at about minus 24.19%, based on the price history shown by MarketScreener.

At the same time on September 16, 2026, a Tradegate real-time estimate cited by MarketScreener indicated a price of EUR 80.28 for Volkswagen preference shares, down 0.91% on that venue, showing that the stock remained more than 20% below the average analyst target of EUR 105.36 referenced in the Berenberg coverage.

Stock level in investor perspective

For investors, the key takeaway on September 16, 2026 is that Volkswagen stock on Xetra, at EUR 78.44, trades substantially below individual price targets of EUR 92 from Kepler Cheuvreux and EUR 100 from Berenberg, while the ADR VWAGY at USD 9.31 sits closer to the lower end of its 52-week band between USD 8.07 and USD 12.83, highlighting the valuation gap that analysts and sector commentary continue to debate.