Royal Bank of Canada set a €216.00 ($251.16) target price on Volkswagen (ETR:VOW3) in a report released on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research analysts also recently weighed in on VOW3. Goldman Sachs Group set a €192.00 ($223.26) target price on shares of Volkswagen and gave the stock a buy rating in a report on Tuesday, November 19th. JPMorgan Chase & Co. set a €176.00 ($204.65) target price on shares of Volkswagen and gave the stock a buy rating in a report on Monday, November 18th. Morgan Stanley set a €170.00 ($197.67) target price on shares of Volkswagen and gave the stock a neutral rating in a report on Friday, September 13th. Bank of America set a €195.00 ($226.74) target price on shares of Volkswagen and gave the stock a buy rating in a report on Tuesday, October 15th. Finally, Kepler Capital Markets set a €197.00 ($229.07) target price on shares of Volkswagen and gave the stock a buy rating in a report on Tuesday, November 19th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of €189.79 ($220.69).
ETR:VOW3 opened at €175.48 ($204.05) on Friday. 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 firm has a market capitalization of $36.18 billion and a price-to-earnings ratio of 6.58. Volkswagen has a one year low of €134.08 ($155.91) and a one year high of €184.32 ($214.33). The business has a fifty day moving average price of €174.19 and a 200-day moving average price of €154.67.
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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