Royal Bank of Canada set a €202.00 ($234.88) target price on Volkswagen (ETR:VOW3) in a research note published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts also recently issued research reports about the stock. Deutsche Bank set a €210.00 ($244.19) price target on shares of Volkswagen and gave the company a buy rating in a report on Monday, February 18th. Jefferies Financial Group set a €180.00 ($209.30) price target on shares of Volkswagen and gave the company a buy rating in a report on Tuesday, March 12th. DZ Bank reaffirmed a sell rating on shares of Volkswagen in a report on Monday, February 25th. Sanford C. Bernstein set a €220.00 ($255.81) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Wednesday, April 24th. Finally, Credit Suisse Group set a €203.00 ($236.05) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Monday, May 27th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eighteen have given a buy rating to the company. The company has an average rating of Buy and a consensus price target of €185.84 ($216.09).
VOW3 stock opened at €140.36 ($163.21) on Monday. The stock has a market cap of $28.88 billion and a P/E ratio of 6.11. Volkswagen has a 52 week low of €131.44 ($152.84) and a 52 week high of €166.08 ($193.12). The company has a current ratio of 1.11, a quick ratio of 0.82 and a debt-to-equity ratio of 164.02.
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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