Nord/LB set a €198.00 ($230.23) price target on Volkswagen (ETR:VOW3) in a research note released on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts have also recently issued research reports about the company. Sanford C. Bernstein set a €220.00 ($255.81) price target on Volkswagen and gave the stock a buy rating in a research report on Friday, November 29th. Warburg Research set a €220.00 ($255.81) price target on Volkswagen and gave the stock a buy rating in a research report on Tuesday, November 19th. Credit Suisse Group set a €205.00 ($238.37) price target on Volkswagen and gave the stock a buy rating in a research report on Thursday, October 31st. Independent Research set a €182.00 ($211.63) price target on Volkswagen and gave the stock a neutral rating in a research report on Tuesday, November 19th. Finally, Deutsche Bank set a €210.00 ($244.19) price target on Volkswagen and gave the stock a buy rating in a research report on Monday, December 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have issued a buy rating to the company. The company presently has an average rating of Buy and an average target price of €190.70 ($221.74).
VOW3 traded up €1.34 ($1.56) on Wednesday, reaching €179.58 ($208.81). 907,633 shares of the stock were exchanged, compared to its average volume of 1,610,000. The company’s 50-day moving average price is €176.71 and its 200 day moving average price is €156.41. Volkswagen has a fifty-two week low of €134.08 ($155.91) and a fifty-two week high of €184.32 ($214.33). 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 $36.75 billion and a PE ratio of 6.73.
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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