Volkswagen (ETR:VOW3) Given a €202.00 Price Target at Royal Bank of Canada
Royal Bank of Canada set a €202.00 ($234.88) price target on Volkswagen (ETR:VOW3) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
VOW3 has been the topic of a number of other research reports. UBS Group raised their target price on T. Rowe Price Group from $109.00 to $111.00 and gave the company a neutral rating in a report on Monday, July 8th. Berenberg Bank reissued a sell rating and issued a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a research report on Friday, May 3rd. Bank of America lifted their price objective on Stagecoach Group from GBX 160 ($2.09) to GBX 190 ($2.48) and gave the stock an outperform rating in a research report on Wednesday, April 3rd. Barclays set a $24.00 price objective on Orion Engineered Carbons and gave the stock a hold rating in a research report on Friday, May 3rd. Finally, Kepler Capital Markets set a €80.00 ($93.02) price objective on Fresenius Medical Care AG & Co. KGaA and gave the stock a buy rating in a research report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have assigned a buy rating to the company’s stock. Volkswagen presently has a consensus rating of Buy and an average target price of €182.54 ($212.26).
Shares of Volkswagen stock opened at €151.46 ($176.12) on Wednesday. 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 company has a market capitalization of $31.23 billion and a P/E ratio of 6.59. The stock has a 50-day simple moving average of €147.40. Volkswagen has a 1 year low of €131.44 ($152.84) and a 1 year high of €163.98 ($190.67).
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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