Volkswagen (ETR:VOW3) Given a €180.00 Price Target at UBS Group

UBS Group set a €180.00 ($202.25) price objective on Volkswagen (ETR:VOW3) in a research note released on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also recently weighed in on VOW3. Jefferies Financial Group set a €135.00 ($151.69) target price on shares of Volkswagen and gave the stock a neutral rating in a report on Thursday, June 18th. Independent Research set a €151.00 ($169.66) price target on shares of Volkswagen and gave the stock a neutral rating in a research report on Wednesday, May 27th. Morgan Stanley set a €150.00 ($168.54) price target on shares of Volkswagen and gave the company a neutral rating in a report on Monday, April 27th. Deutsche Bank set a €180.00 ($202.25) price target on shares of Volkswagen and gave the company a buy rating in a report on Monday, May 18th. Finally, Bank of America set a €147.00 ($165.17) price target on shares of Volkswagen and gave the company a neutral rating in a report on Tuesday, June 16th. 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 stock presently has an average rating of Buy and a consensus target price of €168.24 ($189.03).

Volkswagen stock opened at €134.94 ($151.62) on Tuesday. 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 has a 1 year low of €79.38 ($89.19) and a 1 year high of €187.74 ($210.94). The firm has a 50 day moving average price of €133.89 and a 200 day moving average price of €144.79. The company has a market cap of $27.75 billion and a price-to-earnings ratio of 6.22.

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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