UBS Group set a €200.00 ($232.56) price objective on Volkswagen (ETR:VOW3) in a report issued on Monday, April 15th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages have also issued reports on VOW3. Sanford C. Bernstein set a €220.00 ($255.81) target price on Volkswagen and gave the stock a buy rating in a research report on Wednesday, December 19th. JPMorgan Chase & Co. set a €204.00 ($237.21) target price on Volkswagen and gave the stock a buy rating in a research report on Monday, January 7th. Jefferies Financial Group set a €180.00 ($209.30) target price on Volkswagen and gave the stock a buy rating in a research report on Tuesday, January 8th. Nord/LB set a €170.00 ($197.67) target price on Volkswagen and gave the stock a buy rating in a research report on Thursday, January 10th. Finally, Kepler Capital Markets set a €200.00 ($232.56) price target on Volkswagen and gave the company a buy rating in a research report on Friday, January 11th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have assigned a buy rating to the stock. Volkswagen has an average rating of Buy and a consensus price target of €185.78 ($216.03).
Shares of ETR VOW3 traded down €1.18 ($1.37) during trading on Monday, reaching €150.32 ($174.79). The stock had a trading volume of 1,488,830 shares, compared to its average volume of 1,610,000. Volkswagen has a one year low of €131.44 ($152.84) and a one year high of €178.12 ($207.12). The company has a market capitalization of $31.00 billion and a price-to-earnings ratio of 6.37. The company has a current ratio of 1.09, a quick ratio of 0.78 and a debt-to-equity ratio of 162.67.
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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