Volkswagen (VOW3) Given a €220.00 Price Target by Sanford C. Bernstein Analysts
Sanford C. Bernstein set a €220.00 ($255.81) price objective on Volkswagen (ETR:VOW3) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other brokerages have also recently issued reports on VOW3. Morgan Stanley set a €170.00 ($197.67) target price on shares of Volkswagen and gave the stock a neutral rating in a report on Tuesday, January 29th. Barclays set a €182.00 ($211.63) price objective on shares of Volkswagen and gave the company a buy rating in a report on Tuesday, March 19th. Bank of America set a €195.00 ($226.74) price objective on shares of Volkswagen and gave the company a buy rating in a report on Wednesday, April 3rd. Nord/LB set a €175.00 ($203.49) price objective on shares of Volkswagen and gave the company a buy rating in a report on Wednesday, March 13th. Finally, UBS Group set a €210.00 ($244.19) price objective on shares of Volkswagen and gave the company a buy rating in a report on Thursday, January 24th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and sixteen have given a buy rating to the company’s stock. Volkswagen presently has an average rating of Buy and an average price target of €185.78 ($216.03).
Shares of Volkswagen stock opened at €149.12 ($173.40) on Monday. The company has a debt-to-equity ratio of 164.02, a current ratio of 1.11 and a quick ratio of 0.82. The stock has a market capitalization of $30.75 billion and a price-to-earnings ratio of 6.49. Volkswagen has a 52-week low of €131.44 ($152.84) and a 52-week high of €176.60 ($205.35).
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.
Read More: Earnings Per Share
Receive News & Ratings for Volkswagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen and related companies with MarketBeat.com's FREE daily email newsletter.