Royal Bank of Canada set a €211.00 ($245.35) price objective on Volkswagen (ETR:VOW3) in a report issued on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other equities research analysts also recently commented on VOW3. Jefferies Financial Group set a €160.00 ($186.05) price target on shares of Volkswagen and gave the company a neutral rating in a research report on Tuesday, July 2nd. Kepler Capital Markets set a €195.00 ($226.74) price target on shares of Volkswagen and gave the company a buy rating in a research report on Thursday, September 12th. Independent Research set a €169.00 ($196.51) price target on shares of Volkswagen and gave the company a neutral rating in a research report on Thursday, July 25th. Credit Suisse Group set a €203.00 ($236.05) price target on shares of Volkswagen and gave the company a buy rating in a research report on Monday, October 14th. Finally, Bank of America set a €195.00 ($226.74) target price on shares of Volkswagen and gave the stock a buy rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of €183.33 ($213.18).
Shares of ETR:VOW3 opened at €169.34 ($196.91) on Wednesday. The company has a debt-to-equity ratio of 167.78, a quick ratio of 0.85 and a current ratio of 1.15. The company has a market cap of $34.92 billion and a PE ratio of 6.93. Volkswagen has a 52 week low of €131.44 ($152.84) and a 52 week high of €173.30 ($201.51). The firm has a 50 day simple moving average of €154.56 and a 200 day simple moving average of €150.13.
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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