Goldman Sachs Group Analysts Give Volkswagen (ETR:VOW3) a €165.00 Price Target
Goldman Sachs Group set a €165.00 ($185.39) price target on Volkswagen (ETR:VOW3) in a research report report published on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
VOW3 has been the subject of several other research reports. DZ Bank reaffirmed a sell rating on shares of Volkswagen in a research note on Tuesday, May 5th. Warburg Research set a €185.00 ($207.87) price target on shares of Volkswagen and gave the company a buy rating in a research note on Friday, June 26th. Bank of America set a €147.00 ($165.17) price objective on shares of Volkswagen and gave the stock a neutral rating in a research report on Tuesday, June 16th. HSBC set a €160.00 ($179.78) target price on shares of Volkswagen and gave the stock a buy rating in a report on Friday, April 17th. Finally, Independent Research set a €151.00 ($169.66) price objective on shares of Volkswagen and gave the company a neutral rating in a report on Wednesday, May 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have given a buy rating to the company. Volkswagen presently has a consensus rating of Buy and an average price target of €168.24 ($189.03).
Shares of Volkswagen stock opened at €134.94 ($151.62) on Tuesday. The firm has a 50-day simple moving average of €133.89 and a two-hundred day simple moving average of €144.79. The company has a market cap of $27.75 billion and a P/E ratio of 6.22. Volkswagen has a fifty-two week low of €79.38 ($89.19) and a fifty-two week high of €187.74 ($210.94). The company has a debt-to-equity ratio of 164.02, a quick ratio of 0.79 and a current ratio of 1.06.
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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