Volkswagen (ETR:VOW3) Given a €180.00 Price Target by Sanford C. Bernstein Analysts
Sanford C. Bernstein set a €180.00 ($209.30) target price on Volkswagen (ETR:VOW3) in a report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
VOW3 has been the subject of several other reports. Berenberg Bank set a €130.00 ($151.16) price objective on Volkswagen and gave the stock a neutral rating in a research note on Friday, May 3rd. Pareto Securities set a €160.00 ($186.05) price objective on Volkswagen and gave the stock a neutral rating in a research note on Thursday, July 25th. Warburg Research set a €210.00 ($244.19) price objective on Volkswagen and gave the stock a buy rating in a research note on Wednesday. Morgan Stanley set a €170.00 ($197.67) price objective on Volkswagen and gave the stock a neutral rating in a research note on Monday, July 15th. Finally, Nord/LB set a €160.00 ($186.05) price objective on Volkswagen and gave the stock a buy rating in a research note on Monday, August 19th. Eight research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. Volkswagen presently has an average rating of Buy and a consensus price target of €181.71 ($211.29).
Shares of ETR:VOW3 opened at €141.16 ($164.14) on Thursday. Volkswagen has a 52-week low of €131.44 ($152.84) and a 52-week high of €163.98 ($190.67). The stock has a market cap of $29.11 billion and a price-to-earnings ratio of 5.78. The company has a quick ratio of 0.85, a current ratio of 1.15 and a debt-to-equity ratio of 167.78. The business has a 50-day moving average price of €148.53 and a 200-day moving average price of €147.92.
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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