Volkswagen (ETR:VOW3) Given a €150.00 Price Target at JPMorgan Chase & Co.
JPMorgan Chase & Co. set a €150.00 ($176.47) price target on Volkswagen (ETR:VOW3) in a research report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research firms have also issued reports on VOW3. Sanford C. Bernstein set a €160.00 ($188.24) target price on shares of Volkswagen and gave the stock a sell rating in a research note on Tuesday, September 8th. Nord/LB set a €135.00 ($158.82) price objective on shares of Volkswagen and gave the company a neutral rating in a report on Friday, August 14th. Morgan Stanley set a €135.00 ($158.82) price objective on shares of Volkswagen and gave the company a neutral rating in a report on Monday, August 24th. Bank of America set a €147.00 ($172.94) target price on shares of Volkswagen and gave the company a neutral rating in a report on Tuesday, June 16th. Finally, Warburg Research set a €190.00 ($223.53) price target on shares of Volkswagen and gave the company a buy rating in a research report on Monday, August 31st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of €161.50 ($190.00).
ETR VOW3 opened at €148.34 ($174.52) on Tuesday. Volkswagen has a 1 year low of €79.38 ($93.39) and a 1 year high of €187.74 ($220.87). The company has a debt-to-equity ratio of 174.27, a current ratio of 1.12 and a quick ratio of 0.86. The company has a market cap of $30.59 billion and a price-to-earnings ratio of 14.11. The stock’s fifty day moving average price is €138.75 and its 200 day moving average price is €131.12.
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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