Volkswagen (ETR:VOW3) Given a €195.00 Price Target at Barclays

Barclays set a €195.00 ($226.74) target price on Volkswagen (ETR:VOW3) in a report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also weighed in on VOW3. Sanford C. Bernstein set a €180.00 ($209.30) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Tuesday, September 3rd. JPMorgan Chase & Co. set a €176.00 ($204.65) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Wednesday, September 4th. DZ Bank reissued a sell rating on shares of Volkswagen in a research report on Monday. Royal Bank of Canada set a €210.00 ($244.19) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Wednesday, July 31st. Finally, UBS Group reissued a buy rating on shares of Volkswagen in a research report on Thursday, August 22nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of €182.58 ($212.31).

ETR VOW3 traded up €1.30 ($1.51) on Thursday, hitting €158.06 ($183.79). 1,002,428 shares of the stock were exchanged, compared to its average volume of 1,610,000. The company has a debt-to-equity ratio of 167.78, a current ratio of 1.15 and a quick ratio of 0.85. The business’s fifty day moving average is €146.30 and its 200 day moving average is €148.24. Volkswagen has a 52 week low of €131.44 ($152.84) and a 52 week high of €163.98 ($190.67). The company has a market capitalization of $32.59 billion and a PE ratio of 6.47.

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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