Nord/LB set a €165.00 ($191.86) target price on Volkswagen (ETR:VOW3) in a research note published on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts have also recently commented on VOW3. Barclays set a €183.00 ($212.79) price target on Volkswagen and gave the company a buy rating in a report on Friday, May 3rd. UBS Group set a €200.00 ($232.56) price target on Volkswagen and gave the company a buy rating in a report on Wednesday. Royal Bank of Canada set a €202.00 ($234.88) price target on Volkswagen and gave the company a buy rating in a report on Monday, June 3rd. Jefferies Financial Group set a €160.00 ($186.05) price target on Volkswagen and gave the company a neutral rating in a report on Tuesday, June 4th. Finally, Morgan Stanley set a €170.00 ($197.67) price target on Volkswagen and gave the company a neutral rating in a report on Friday, April 5th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of €182.13 ($211.77).
Volkswagen stock traded down €1.56 ($1.81) during midday trading on Friday, reaching €141.24 ($164.23). 679,443 shares of the company were exchanged, compared to its average volume of 1,610,000. The stock has a market cap of $29.12 billion and a PE ratio of 6.15. Volkswagen has a 1 year low of €131.44 ($152.84) and a 1 year 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.
Further Reading: How can you know how many shares are floating?
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