Volkswagen (VOW3) Earns Sell Rating from DZ Bank
DZ Bank reiterated their sell rating on shares of Volkswagen (ETR:VOW3) in a research note published on Friday morning, Borsen Zeitung reports.
Other equities analysts have also issued reports about the stock. Kepler Capital Markets set a €191.00 ($222.09) price objective on shares of Volkswagen and gave the company a buy rating in a research report on Thursday, March 28th. JPMorgan Chase & Co. set a €186.00 ($216.28) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Wednesday, April 3rd. Deutsche Bank set a €210.00 ($244.19) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Friday, April 12th. UBS Group set a €200.00 ($232.56) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Monday, April 15th. Finally, Credit Suisse Group set a €201.00 ($233.72) price target on shares of Volkswagen and gave the stock a buy rating in a research report on Tuesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of €185.78 ($216.03).
Shares of VOW3 opened at €157.62 ($183.28) on Friday. The stock has a market capitalization of $32.50 billion and a PE ratio of 6.68. Volkswagen has a fifty-two week low of €131.44 ($152.84) and a fifty-two week high of €178.12 ($207.12). The company has a debt-to-equity ratio of 162.67, a quick ratio of 0.78 and a current ratio of 1.09.
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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