Volkswagen (ETR:VOW3) received a €210.00 ($244.19) price target from investment analysts at Deutsche Bank in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price target would suggest a potential upside of 30.50% from the company’s current price.
VOW3 has been the topic of several other reports. UBS Group reissued a “buy” rating on shares of Volkswagen in a report on Thursday, January 3rd. JPMorgan Chase & Co. set a €204.00 ($237.21) target price on Volkswagen and gave the stock a “buy” rating in a report on Monday, January 7th. Jefferies Financial Group set a €180.00 ($209.30) target price on Volkswagen and gave the stock a “buy” rating in a report on Tuesday, January 8th. Nord/LB set a €170.00 ($197.67) target price on Volkswagen and gave the stock a “buy” rating in a report on Thursday, January 10th. Finally, Kepler Capital Markets set a €200.00 ($232.56) target price on Volkswagen and gave the stock a “buy” rating in a report on Friday, January 11th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and sixteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of €185.57 ($215.77).
VOW3 stock opened at €160.92 ($187.12) on Friday. 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 firm has a market cap of $33.16 billion and a price-to-earnings ratio of 6.82. Volkswagen has a fifty-two week low of €131.44 ($152.84) and a fifty-two week high of €178.12 ($207.12).
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.
Further Reading: NASDAQ Stock Market Explained
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.