Volkswagen (ETR:VOW3) received a €186.00 ($216.28) target price from JPMorgan Chase & Co. in a report released on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 14.97% from the company’s previous close.
A number of other research analysts have also commented on VOW3. UBS Group reiterated a “buy” rating on shares of Volkswagen in a research note on Thursday, January 3rd. Jefferies Financial Group set a €180.00 ($209.30) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Tuesday, January 8th. Nord/LB set a €170.00 ($197.67) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Thursday, January 10th. Kepler Capital Markets set a €200.00 ($232.56) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Friday, January 11th. Finally, Barclays set a €194.00 ($225.58) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Tuesday, January 15th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and sixteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of €184.74 ($214.81).
ETR VOW3 opened at €161.78 ($188.12) on Thursday. Volkswagen has a 12 month low of €131.44 ($152.84) and a 12 month high of €178.12 ($207.12). The company has a current ratio of 1.09, a quick ratio of 0.78 and a debt-to-equity ratio of 162.67. The company has a market cap of $31.97 billion and a P/E ratio of 6.86.
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.
Recommended Story: Fundamental Analysis and Individual Investors
Receive News & Ratings for Volkswagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen and related companies with MarketBeat.com's FREE daily email newsletter.