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== January 2024 == | == January 2024 == | ||
January 12, 2024: Sell, €100: UBS analyst Patrick Hummel said car makers should forecast sales for 2024 at the previous year's level due to price wars in China and Europe. He expects Volkswagen to report Q4 2023 results that are | January 23, 2024: Outperform, €140: Analyst Tom Narayan of RBC is cautious about the upcoming results. He said price/mix normalization is a significant headwind for manufacturers and expects conservative forecasts from the automakers for 2024<ref>https://www.finanzen.at/analyse/volkswagen-vw-vz-outperform-930105</ref>. | ||
January 12, 2024: Sell, €100: UBS analyst Patrick Hummel said car makers should forecast sales for 2024 at the previous year's level due to price wars in China and Europe. He expects Volkswagen to report Q4 2023 results that are in line with the company's guidance<ref>https://www.finanzen.net/nachricht/aktien/ubs-ag-gibt-volkswagen-vw-vz-aktie-sell-13174173</ref>. | |||
January 12, 2024: Outperform, €140: RBC analyst Tom Narayan emphasized that Chinese EV sales have recovered significantly. He pointed out that this strength " can only be partially explained by typical seasonal effects."<ref>https://www.finanzen.ch/analyse/volkswagen-vw-vz-outperform-928792</ref> | January 12, 2024: Outperform, €140: RBC analyst Tom Narayan emphasized that Chinese EV sales have recovered significantly. He pointed out that this strength " can only be partially explained by typical seasonal effects."<ref>https://www.finanzen.ch/analyse/volkswagen-vw-vz-outperform-928792</ref> |