Volkswagen (ETR:VOW3) Given a €179.00 Price Target by The Goldman Sachs Group Analysts

Volkswagen (ETR:VOW3) has been assigned a €179.00 ($210.59) target price by equities research analysts at The Goldman Sachs Group in a report released on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. The Goldman Sachs Group’s price target points to a potential upside of 42.61% from the company’s previous close.

Several other research analysts have also weighed in on VOW3. Warburg Research set a €190.00 ($223.53) target price on Volkswagen and gave the stock a “buy” rating in a research report on Wednesday, October 21st. Royal Bank of Canada set a €175.00 ($205.88) target price on Volkswagen and gave the stock a “buy” rating in a research report on Tuesday, October 20th. Independent Research set a €152.00 ($178.82) target price on Volkswagen and gave the stock a “buy” rating in a research report on Tuesday, October 20th. Deutsche Bank Aktiengesellschaft set a €170.00 ($200.00) price objective on Volkswagen and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, UBS Group set a €190.00 ($223.53) price objective on Volkswagen and gave the company a “buy” rating in a research report on Monday. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of €164.56 ($193.60).

Shares of Volkswagen stock opened at €125.52 ($147.67) on Thursday. Volkswagen has a fifty-two week low of €79.38 ($93.39) and a fifty-two week high of €187.74 ($220.87). The firm has a market cap of $25.88 billion and a PE ratio of 11.94. The business’s fifty day moving average is €139.62 and its two-hundred day moving average is €135.30. The company has a quick ratio of 0.75, a current ratio of 1.12 and a debt-to-equity ratio of 174.27.

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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