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

Volkswagen (ETR:VOW3) received a €165.00 ($185.39) price objective from equities research analysts at Goldman Sachs Group in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group’s target price suggests a potential upside of 18.84% from the stock’s previous close.

A number of other research analysts have also weighed in on the stock. Royal Bank of Canada set a €175.00 ($196.63) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Thursday, June 4th. Nord/LB set a €120.00 ($134.83) price objective on shares of Volkswagen and gave the company a “neutral” rating in a research note on Friday, May 15th. Jefferies Financial Group set a €135.00 ($151.69) price objective on shares of Volkswagen and gave the company a “neutral” rating in a research note on Thursday, June 18th. Warburg Research set a €185.00 ($207.87) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Friday, June 26th. Finally, UBS Group set a €180.00 ($202.25) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Tuesday, June 30th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. Volkswagen has an average rating of “Buy” and an average price target of €168.24 ($189.03).

Shares of ETR VOW3 opened at €138.84 ($156.00) on Tuesday. The firm has a market cap of $28.63 billion and a PE ratio of 6.42. Volkswagen has a 12-month low of €79.38 ($89.19) and a 12-month high of €187.74 ($210.94). The company’s fifty day simple moving average is €135.59 and its 200 day simple moving average is €143.43. The company has a quick ratio of 0.79, a current ratio of 1.06 and a debt-to-equity ratio of 164.02.

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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