Sanford C. Bernstein set a €220.00 ($255.81) target price on Volkswagen (ETR:VOW3) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other research analysts have also issued research reports about the stock. Barclays set a $24.00 target price on shares of Orion Engineered Carbons and gave the stock a hold rating in a research report on Friday, May 3rd. Independent Research set a €163.00 ($189.53) price target on shares of Volkswagen and gave the stock a neutral rating in a report on Monday, July 1st. UBS Group upped their price target on shares of T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a report on Monday, July 8th. Deutsche Bank set a €35.00 ($40.70) price target on shares of Deutsche Post and gave the stock a buy rating in a report on Friday, May 3rd. Finally, Jefferies Financial Group reaffirmed a buy rating on shares of Extended Stay America in a report on Tuesday, July 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company. The stock has an average rating of Buy and an average target price of €182.54 ($212.26).
Shares of ETR:VOW3 opened at €153.54 ($178.53) on Wednesday. The stock’s 50 day simple moving average is €146.04. Volkswagen has a 12-month low of €131.44 ($152.84) and a 12-month high of €163.98 ($190.67). The firm has a market cap of $31.66 billion and a price-to-earnings ratio of 6.68. The company has a debt-to-equity ratio of 164.02, a quick ratio of 0.82 and a current ratio of 1.11.
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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