Volkswagen (ETR:VOW3) Given a €190.00 Price Target at Bank of America

Bank of America set a €190.00 ($220.93) price target on Volkswagen (ETR:VOW3) in a report released on Friday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also recently commented on the stock. DZ Bank reaffirmed a neutral rating on shares of Volkswagen in a research note on Friday, June 28th. Kepler Capital Markets set a €191.00 ($222.09) price target on shares of Volkswagen and gave the stock a buy rating in a research note on Thursday, May 2nd. Sanford C. Bernstein set a €180.00 ($209.30) price target on shares of Volkswagen and gave the stock a buy rating in a research note on Thursday. JPMorgan Chase & Co. set a €186.00 ($216.28) price target on shares of Volkswagen and gave the stock a buy rating in a research note on Thursday, May 2nd. Finally, UBS Group reissued a buy rating on shares of Volkswagen in a research note on Thursday. Eight investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of €181.71 ($211.29).

Shares of ETR:VOW3 opened at €141.16 ($164.14) on Friday. The company has a 50 day moving average of €148.53 and a 200 day moving average of €147.92. The stock has a market cap of $29.11 billion and a P/E ratio of 5.78. Volkswagen has a 12 month low of €131.44 ($152.84) and a 12 month high of €163.98 ($190.67). The company has a current ratio of 1.15, a quick ratio of 0.85 and a debt-to-equity ratio of 167.78.

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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Analyst Recommendations for Volkswagen (ETR:VOW3)

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