Royal Bank of Canada set a €210.00 ($244.19) target price on Volkswagen (ETR:VOW3) in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
VOW3 has been the subject of a number of other research reports. Pareto Securities set a €160.00 ($186.05) target price on Volkswagen and gave the stock a neutral rating in a research report on Thursday, July 25th. Deutsche Bank set a €210.00 ($244.19) price target on Volkswagen and gave the company a buy rating in a research note on Friday, July 26th. Independent Research set a €169.00 ($196.51) price target on Volkswagen and gave the company a neutral rating in a research note on Thursday, July 25th. Bank of America set a €195.00 ($226.74) price target on Volkswagen and gave the company a buy rating in a research note on Wednesday, April 3rd. Finally, Berenberg Bank set a €130.00 ($151.16) price target on Volkswagen and gave the company a neutral rating in a research note on Friday, May 3rd. Eight equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. Volkswagen presently has a consensus rating of Buy and an average price target of €184.21 ($214.20).
VOW3 opened at €146.24 ($170.05) on Wednesday. The stock has a 50-day moving average of €150.57. The company has a current ratio of 1.15, a quick ratio of 0.85 and a debt-to-equity ratio of 167.78. The stock has a market cap of $30.16 billion and a price-to-earnings ratio of 5.98. Volkswagen has a 1 year low of €131.44 ($152.84) and a 1 year high of €163.98 ($190.67).
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: What can cause a stock to outperform?
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.