Volkswagen (ETR:VOW3) has been assigned a €163.00 ($189.53) price target by Independent Research in a research report issued on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Independent Research’s price objective would indicate a potential upside of 5.91% from the stock’s previous close.
VOW3 has been the subject of a number of other research reports. Deutsche Bank set a €210.00 ($244.19) price objective on shares of Volkswagen and gave the stock a “buy” rating in a research report on Monday, February 18th. Jefferies Financial Group set a €180.00 ($209.30) price target on shares of Volkswagen and gave the stock a “buy” rating in a research report on Tuesday, March 12th. DZ Bank restated a “sell” rating on shares of Volkswagen in a research report on Monday, February 25th. UBS Group restated a “buy” rating on shares of Volkswagen in a research report on Thursday, January 3rd. Finally, Credit Suisse Group set a €201.00 ($233.72) price target on shares of Volkswagen and gave the stock a “buy” rating in a research report on Monday, March 4th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. Volkswagen presently has an average rating of “Buy” and an average price target of €187.08 ($217.54).
Shares of Volkswagen stock opened at €153.90 ($178.95) on Monday. The stock has a market capitalization of $31.62 billion and a price-to-earnings ratio of 6.52. Volkswagen has a fifty-two week low of €131.44 ($152.84) and a fifty-two week high of €178.60 ($207.67). The company has a debt-to-equity ratio of 162.67, a current ratio of 1.09 and a quick ratio of 0.78.
Volkswagen Company Profile
Volkswagen AG, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through 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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