Volkswagen (ETR:VOW3) Given a €165.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €165.00 ($185.39) price objective on Volkswagen (ETR:VOW3) in a report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Royal Bank of Canada set a €175.00 ($196.63) price objective on shares of Volkswagen and gave the stock a buy rating in a research note on Thursday, June 4th. Bank of America set a €147.00 ($165.17) target price on Volkswagen and gave the stock a neutral rating in a research report on Tuesday, June 16th. Morgan Stanley set a €150.00 ($168.54) price objective on Volkswagen and gave the company a neutral rating in a report on Monday, April 27th. HSBC set a €160.00 ($179.78) target price on Volkswagen and gave the company a buy rating in a research note on Friday, April 17th. Finally, UBS Group set a €140.00 ($157.30) price objective on Volkswagen and gave the stock a buy rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of €168.24 ($189.03).

ETR:VOW3 opened at €134.94 ($151.62) on Tuesday. The stock’s 50 day moving average price is €133.89 and its 200 day moving average price is €144.79. Volkswagen has a 52 week low of €79.38 ($89.19) and a 52 week high of €187.74 ($210.94). The company has a market capitalization of $27.75 billion and a P/E ratio of 6.22. The company has a debt-to-equity ratio of 164.02, a quick ratio of 0.79 and a current ratio of 1.06.

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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