Volkswagen (ETR:VOW3) Given a €182.00 Price Target by Independent Research Analysts

Volkswagen (ETR:VOW3) received a €182.00 ($211.63) price target from investment analysts at Independent Research in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Independent Research’s price target would suggest a potential upside of 1.42% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on VOW3. Warburg Research set a €220.00 ($255.81) price target on Volkswagen and gave the stock a “buy” rating in a report on Tuesday. Kepler Capital Markets set a €197.00 ($229.07) price target on Volkswagen and gave the stock a “buy” rating in a report on Tuesday. Bank of America set a €195.00 ($226.74) price target on Volkswagen and gave the stock a “buy” rating in a report on Tuesday, October 15th. Barclays set a €194.00 ($225.58) price target on Volkswagen and gave the stock a “buy” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. set a €176.00 ($204.65) target price on Volkswagen and gave the company a “buy” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of €186.80 ($217.21).

VOW3 opened at €179.46 ($208.67) on Tuesday. The stock has a market cap of $36.86 billion and a P/E ratio of 6.73. The company has a debt-to-equity ratio of 169.39, a current ratio of 1.18 and a quick ratio of 0.88. The stock’s 50 day simple moving average is €168.41 and its 200 day simple moving average is €153.51. Volkswagen has a 1-year low of €134.08 ($155.91) and a 1-year high of €184.32 ($214.33).

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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Analyst Recommendations for Volkswagen (ETR:VOW3)

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