Volkswagen (VOW3) Given a €163.00 Price Target at Independent Research

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Independent Research set a €163.00 ($189.53) price objective on Volkswagen (ETR:VOW3) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also weighed in on VOW3. Morgan Stanley set a €170.00 ($197.67) price objective on shares of Volkswagen and gave the company a neutral rating in a report on Friday, April 5th. Barclays set a €179.00 ($208.14) price objective on shares of Volkswagen and gave the company a buy rating in a report on Friday, March 29th. Bank of America set a €195.00 ($226.74) price objective on shares of Volkswagen and gave the company a buy rating in a report on Wednesday, April 3rd. Societe Generale set a €200.00 ($232.56) price objective on shares of Volkswagen and gave the company a buy rating in a report on Thursday, March 21st. Finally, Jefferies Financial Group set a €160.00 ($186.05) price objective on shares of Volkswagen and gave the company a neutral rating in a report on Tuesday, April 2nd. Three analysts have rated the stock with a sell rating, five have given a hold rating and seventeen have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of €187.08 ($217.54).

Shares of ETR VOW3 opened at €156.50 ($181.98) on Monday. Volkswagen has a fifty-two week low of €131.44 ($152.84) and a fifty-two week high of €178.60 ($207.67). The company has a market capitalization of $32.12 billion and a P/E ratio of 6.63. The company has a current ratio of 1.09, a quick ratio of 0.78 and a debt-to-equity ratio of 162.67.

Volkswagen Company Profile

Volkswagen AG, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and related parts.

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Analyst Recommendations for Volkswagen (ETR:VOW3)

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