Volkswagen AG (VOW3.F) (ETR:VOW3) has been assigned a €180.00 ($211.76) target price by stock analysts at Sanford C. Bernstein in a research note issued on Thursday, AR Network reports. The brokerage presently has a “neutral” rating on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 24.31% from the company’s previous close.
Several other equities research analysts have also issued reports on VOW3. The Goldman Sachs Group set a €189.00 ($222.35) target price on shares of Volkswagen AG (VOW3.F) and gave the company a “buy” rating in a research report on Monday. Independent Research set a €169.00 ($198.82) price objective on Volkswagen AG (VOW3.F) and gave the stock a “buy” rating in a report on Tuesday, January 5th. Barclays set a €175.00 ($205.88) price target on shares of Volkswagen AG (VOW3.F) and gave the stock a “buy” rating in a research note on Friday, October 30th. Warburg Research set a €195.00 ($229.41) target price on shares of Volkswagen AG (VOW3.F) and gave the stock a “buy” rating in a research note on Tuesday, December 8th. Finally, JPMorgan Chase & Co. set a €183.00 ($215.29) price objective on Volkswagen AG (VOW3.F) and gave the stock a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the stock. Volkswagen AG (VOW3.F) currently has a consensus rating of “Buy” and an average target price of €172.47 ($202.90).
Volkswagen AG (VOW3.F) stock traded down €0.96 ($1.13) during midday trading on Thursday, hitting €144.80 ($170.35). 1,163,688 shares of the company’s stock were exchanged, compared to its average volume of 1,610,000. The stock has a 50-day moving average price of €148.47 and a two-hundred day moving average price of €141.39. Volkswagen AG has a 52-week low of €79.38 ($93.39) and a 52-week high of €185.48 ($218.21). The company has a market cap of $29.86 billion and a P/E ratio of 17.86. The company has a debt-to-equity ratio of 172.22, a quick ratio of 0.78 and a current ratio of 1.13.
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 and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment develops vehicles and engines, and light commercial vehicles; and produces and sells passenger cars and related parts.
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