Volkswagen (ETR:VOW3) has been given a €160.00 ($186.05) price objective by investment analysts at Jefferies Financial Group in a report released on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 12.96% from the stock’s current price.
A number of other brokerages have also recently issued reports on VOW3. Nord/LB set a €175.00 ($203.49) target price on Volkswagen and gave the stock a “buy” rating in a report on Thursday, May 2nd. Kepler Capital Markets set a €191.00 ($222.09) target price on Volkswagen and gave the stock a “buy” rating in a report on Thursday, May 2nd. UBS Group set a €200.00 ($232.56) target price on Volkswagen and gave the stock a “buy” rating in a report on Thursday, May 2nd. JPMorgan Chase & Co. set a €186.00 ($216.28) price objective on Volkswagen and gave the company a “buy” rating in a research note on Thursday, May 2nd. Finally, Warburg Research set a €200.00 ($232.56) price objective on Volkswagen and gave the company a “buy” rating in a research note on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the company. Volkswagen has an average rating of “Buy” and an average price target of €182.33 ($212.02).
Shares of VOW3 opened at €141.64 ($164.70) on Friday. Volkswagen has a 12-month low of €131.44 ($152.84) and a 12-month 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. The firm has a market capitalization of $29.17 billion and a P/E ratio of 6.16.
Volkswagen Company Profile
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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