Volkswagen (VOW3) Given a €201.00 Price Target by Credit Suisse Group Analysts
Credit Suisse Group set a €201.00 ($233.72) price objective on Volkswagen (ETR:VOW3) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other research analysts have also recently issued reports about the company. UBS Group set a €210.00 ($244.19) target price on Volkswagen and gave the company a buy rating in a research note on Thursday, January 24th. Jefferies Financial Group set a €180.00 ($209.30) target price on Volkswagen and gave the company a buy rating in a research note on Wednesday, January 23rd. Deutsche Bank reissued a buy rating on shares of Volkswagen in a research note on Monday, January 21st. Warburg Research set a €200.00 ($232.56) target price on Volkswagen and gave the company a buy rating in a research note on Monday, February 25th. Finally, Sanford C. Bernstein set a €220.00 ($255.81) target price on Volkswagen and gave the company a buy rating in a research note on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of €185.50 ($215.70).
ETR:VOW3 opened at €144.30 ($167.79) on Monday. Volkswagen has a 1 year low of €131.44 ($152.84) and a 1 year high of €176.60 ($205.35). The company has a quick ratio of 0.82, a current ratio of 1.11 and a debt-to-equity ratio of 164.02. The stock has a market capitalization of $29.76 billion and a price-to-earnings ratio of 6.28.
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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