Jefferies Financial Group set a €295.00 ($347.06) target price on Volkswagen (ETR:VOW3) in a research note released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
VOW3 has been the subject of a number of other reports. DZ Bank reaffirmed a neutral rating on shares of Volkswagen in a report on Thursday, March 25th. Barclays set a €260.00 ($305.88) target price on shares of Volkswagen and gave the company a buy rating in a report on Thursday, March 18th. JPMorgan Chase & Co. set a €215.00 ($252.94) target price on shares of Volkswagen and gave the company a buy rating in a report on Monday, March 15th. Sanford C. Bernstein set a €237.00 ($278.82) target price on shares of Volkswagen and gave the company a neutral rating in a report on Wednesday, March 24th. Finally, Independent Research set a €265.00 ($311.76) target price on shares of Volkswagen and gave the company a buy rating in a report on Tuesday, March 23rd. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Volkswagen currently has an average rating of Buy and an average target price of €230.00 ($270.59).
ETR VOW3 opened at €232.45 ($273.47) on Tuesday. The stock has a market capitalization of $47.93 billion and a P/E ratio of 13.98. Volkswagen has a 52-week low of €111.10 ($130.71) and a 52-week high of €252.20 ($296.71). The firm has a 50-day moving average price of €211.30 and a 200 day moving average price of €163.70. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 157.98.
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 and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment develops vehicles and engines, and light commercial vehicles; and produces and sells passenger cars and related parts.
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