Goldman Sachs Group set a €192.00 ($223.26) target price on Volkswagen (ETR:VOW3) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities research analysts have also recently weighed in on VOW3. JPMorgan Chase & Co. set a €176.00 ($204.65) price target on shares of Volkswagen and gave the company a buy rating in a research report on Monday, November 18th. Royal Bank of Canada set a €216.00 ($251.16) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Friday, November 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 research report on Tuesday, October 15th. Warburg Research set a €220.00 ($255.81) price objective on shares of Volkswagen and gave the company a buy rating in a research note on Tuesday, November 19th. Finally, Sanford C. Bernstein set a €220.00 ($255.81) target price on shares of Volkswagen and gave the stock a buy rating in a report on Friday, November 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €189.79 ($220.69).
Shares of ETR VOW3 opened at €176.60 ($205.35) on Thursday. The firm’s fifty day moving average is €176.03 and its 200 day moving average is €155.61. Volkswagen has a 52 week low of €134.08 ($155.91) and a 52 week high of €184.32 ($214.33). The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 169.39. The company has a market cap of $36.42 billion and a price-to-earnings ratio of 6.62.
Volkswagen AG manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates in 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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