NEW YORK (dpa-AFX Broker) – The Canadian bank RBC has left the rating for Volkswagen (Volkswagen (VW) vz) at “Outperform” with a price target of 131 euros. Tom Narayan addressed investor meetings with management in Canada on Friday evening. An important finding is that the path to the operating margin target of 8 to 10 percent by 2030 is really credible. In addition, Wolfsburg could maintain its position in Europe against China’s competition if the competition authorities ensured an appropriate playing field. With its “local-for-local” strategy – i.e. procurement, development and production in the local sales market – VW is more successful than its competitors in China and North America. VW management initially prioritizes balance sheet strength over share buybacks./rob/ag/edh
Publication of the original study: May 22, 2026 / 5:34 p.m. / EDT
First distribution of the original study: May 22, 2026 / 5:34 p.m. / EDT
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