Volkswagen (ETR:VOW3) Given a €194.00 Price Target at Goldman Sachs Group
Volkswagen (ETR:VOW3) has been assigned a €194.00 ($225.58) price objective by equities researchers at Goldman Sachs Group in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Goldman Sachs Group’s price target points to a potential upside of 4.83% from the company’s current price.
A number of other research firms also recently commented on VOW3. JPMorgan Chase & Co. set a €203.00 ($236.05) price objective on shares of Volkswagen and gave the company a “buy” rating in a research note on Monday, January 6th. Independent Research set a €189.00 ($219.77) price target on Volkswagen and gave the company a “neutral” rating in a report on Tuesday, December 24th. Sanford C. Bernstein set a €220.00 ($255.81) price target on Volkswagen and gave the company a “buy” rating in a research report on Monday, January 6th. DZ Bank restated a “sell” rating on shares of Volkswagen in a research note on Friday, November 1st. Finally, Bank of America set a €195.00 ($226.74) price objective on shares of Volkswagen and gave the stock a “buy” rating in a report on Tuesday, October 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of €192.45 ($223.78).
Shares of VOW3 stock traded down €0.22 ($0.26) during mid-day trading on Tuesday, reaching €185.06 ($215.19). 476,129 shares of the company were exchanged, compared to its average volume of 1,610,000. The company has a debt-to-equity ratio of 169.39, a quick ratio of 0.88 and a current ratio of 1.18. The business’s 50 day simple moving average is €178.00 and its 200 day simple moving average is €162.34. The company has a market capitalization of $38.21 billion and a P/E ratio of 6.94. Volkswagen has a fifty-two week low of €136.94 ($159.23) and a fifty-two week high of €187.74 ($218.30).
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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