Kepler Capital Markets set a €195.00 ($226.74) price target on Volkswagen (ETR:VOW3) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts also recently issued research reports about the stock. Sanford C. Bernstein set a €180.00 ($209.30) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Tuesday, September 3rd. Deutsche Bank set a €210.00 ($244.19) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Friday, July 26th. Oddo Bhf set a €184.00 ($213.95) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Monday, May 20th. JPMorgan Chase & Co. set a €176.00 ($204.65) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Wednesday, September 4th. Finally, Bank of America set a €190.00 ($220.93) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of €182.58 ($212.31).
ETR:VOW3 traded up €1.30 ($1.51) during trading hours on Thursday, hitting €158.06 ($183.79). The stock had a trading volume of 1,002,428 shares, compared to its average volume of 1,610,000. The company has a current ratio of 1.15, a quick ratio of 0.85 and a debt-to-equity ratio of 167.78. Volkswagen has a 1-year low of €131.44 ($152.84) and a 1-year high of €163.98 ($190.67). The business has a 50 day simple moving average of €146.30 and a two-hundred day simple moving average of €148.24. The company has a market cap of $32.59 billion and a PE ratio of 6.47.
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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