Goldman Sachs Group set a €194.00 ($225.58) price target on Volkswagen (ETR:VOW3) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts have also issued reports on VOW3. HSBC set a €205.00 ($238.37) target price on shares of Volkswagen and gave the company a buy rating in a research note on Monday, December 16th. Credit Suisse Group set a €205.00 ($238.37) target price on shares of Volkswagen and gave the company a buy rating in a research note on Thursday, October 31st. Jefferies Financial Group set a €175.00 ($203.49) target price on shares of Volkswagen and gave the company a neutral rating in a research note on Tuesday, January 21st. Bank of America set a €195.00 ($226.74) target price on shares of Volkswagen and gave the company a buy rating in a research note on Tuesday, October 15th. Finally, Barclays reissued a buy rating on shares of Volkswagen in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have assigned a buy rating to the company. Volkswagen has a consensus rating of Buy and a consensus price target of €195.15 ($226.92).
Shares of ETR:VOW3 opened at €170.46 ($198.21) on Tuesday. The firm has a fifty day moving average of €174.89 and a two-hundred day moving average of €165.52. The firm has a market capitalization of $35.15 billion and a P/E ratio of 6.39. Volkswagen has a 12-month low of €136.94 ($159.23) and a 12-month high of €187.74 ($218.30). The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 169.39.
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.
Further Reading: What economic reports are most valuable to investors?
Receive News & Ratings for Volkswagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen and related companies with MarketBeat.com's FREE daily email newsletter.