Barclays set a €290.00 ($341.18) target price on Volkswagen (ETR:VOW3) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
VOW3 has been the subject of several other research reports. The Goldman Sachs Group set a €284.00 ($334.12) target price on Volkswagen and gave the stock a buy rating in a research note on Monday. Independent Research set a €272.00 ($320.00) target price on Volkswagen and gave the stock a buy rating in a research note on Monday. Warburg Research set a €220.00 ($258.82) price objective on Volkswagen and gave the company a buy rating in a research note on Monday, March 1st. Jefferies Financial Group set a €295.00 ($347.06) price objective on Volkswagen and gave the company a buy rating in a research note on Tuesday, April 13th. Finally, JPMorgan Chase & Co. set a €215.00 ($252.94) price objective on Volkswagen and gave the company a buy rating in a research note on Monday, March 15th. Three analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of €249.93 ($294.04).
Shares of ETR VOW3 opened at €234.05 ($275.35) on Tuesday. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 157.98. The company has a market cap of $48.26 billion and a price-to-earnings ratio of 14.08. Volkswagen has a 12 month low of €111.10 ($130.71) and a 12 month high of €252.20 ($296.71). The stock has a 50-day moving average price of €220.74 and a two-hundred day moving average price of €167.36.
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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