Sanford C. Bernstein set a €180.00 ($209.30) price objective on Volkswagen (ETR:VOW3) in a research note released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other equities analysts also recently issued research reports about the company. DZ Bank reissued a neutral rating on shares of Volkswagen in a research report on Friday, June 28th. Deutsche Bank set a €210.00 ($244.19) price target on Volkswagen and gave the stock a buy rating in a research report on Friday, July 26th. Barclays set a €183.00 ($212.79) price target on Volkswagen and gave the stock a buy rating in a research report on Friday, May 3rd. Warburg Research set a €210.00 ($244.19) price target on Volkswagen and gave the stock a buy rating in a research report on Wednesday. Finally, Credit Suisse Group set a €203.00 ($236.05) price target on Volkswagen and gave the stock a buy rating in a research report on Friday, July 26th. Eight analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. The stock currently has a consensus rating of Buy and an average target price of €181.71 ($211.29).
VOW3 opened at €141.16 ($164.14) on Thursday. Volkswagen has a 12-month low of €131.44 ($152.84) and a 12-month high of €163.98 ($190.67). 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 business’s fifty day simple moving average is €148.53 and its 200-day simple moving average is €147.92. The company has a market capitalization of $29.11 billion and a price-to-earnings ratio of 5.78.
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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