Volkswagen (ETR:VOW3) Given a €150.00 Price Target by JPMorgan Chase & Co. Analysts

Volkswagen (ETR:VOW3) has been assigned a €150.00 ($176.47) target price by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 0.90% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Morgan Stanley set a €135.00 ($158.82) target price on shares of Volkswagen and gave the company a “neutral” rating in a report on Monday, August 24th. Bank of America set a €147.00 ($172.94) target price on shares of Volkswagen and gave the company a “neutral” rating in a report on Tuesday, June 16th. Independent Research set a €145.00 ($170.59) target price on shares of Volkswagen and gave the company a “buy” rating in a report on Thursday, July 30th. DZ Bank restated a “sell” rating on shares of Volkswagen in a report on Tuesday, August 11th. Finally, Barclays set a €155.00 ($182.35) target price on shares of Volkswagen and gave the company a “buy” rating in a report on Tuesday, August 4th. Two analysts have rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of €161.50 ($190.00).

Shares of Volkswagen stock opened at €148.66 ($174.89) on Tuesday. The company has a quick ratio of 0.86, a current ratio of 1.12 and a debt-to-equity ratio of 174.27. Volkswagen has a twelve month low of €79.38 ($93.39) and a twelve month high of €187.74 ($220.87). The stock has a market cap of $30.65 billion and a price-to-earnings ratio of 14.14. The company’s fifty day moving average is €138.88 and its 200 day moving average is €131.09.

About Volkswagen

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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