Deutsche Bank set a €210.00 ($244.19) price target on Volkswagen (ETR:VOW3) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms have also weighed in on VOW3. Societe Generale set a €200.00 ($232.56) target price on Volkswagen and gave the stock a buy rating in a report on Thursday, March 21st. UBS Group upped their target price on T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a report on Monday. Credit Suisse Group set a $145.00 target price on Microsoft and gave the stock a buy rating in a report on Monday, May 27th. Warburg Research set a €23.10 ($26.86) target price on freenet and gave the stock a buy rating in a report on Thursday, July 4th. Finally, Oddo Bhf set a GBX 1,170 ($15.29) target price on easyJet and gave the stock a neutral rating in a report on Monday, May 20th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of €182.54 ($212.26).
Volkswagen stock traded down €0.46 ($0.53) during mid-day trading on Wednesday, reaching €151.94 ($176.67). 726,479 shares of the company were exchanged, compared to its average volume of 1,610,000. The firm’s fifty day moving average is €145.80. The company has a debt-to-equity ratio of 164.02, a quick ratio of 0.82 and a current ratio of 1.11. The firm has a market cap of $31.33 billion and a price-to-earnings ratio of 6.61. Volkswagen has a 12-month low of €131.44 ($152.84) and a 12-month high of €163.98 ($190.67).
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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