Volkswagen (ETR:VOW3) Given a €160.00 Price Target at Nord/LB

Nord/LB set a €160.00 ($186.05) target price on Volkswagen (ETR:VOW3) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other analysts have also issued reports on VOW3. UBS Group set a €200.00 ($232.56) target price on Volkswagen and gave the company a buy rating in a research note on Thursday, July 25th. Jefferies Financial Group set a €160.00 ($186.05) target price on Volkswagen and gave the company a neutral rating in a research note on Tuesday, July 2nd. Independent Research set a €169.00 ($196.51) target price on Volkswagen and gave the company a neutral rating in a research note on Thursday, July 25th. Royal Bank of Canada set a €210.00 ($244.19) target price on Volkswagen and gave the company a buy rating in a research note on Wednesday, July 31st. Finally, Sanford C. Bernstein set a €180.00 ($209.30) target price on Volkswagen and gave the company a buy rating in a research note on Friday, August 16th. Eight research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Volkswagen has an average rating of Buy and a consensus target price of €181.92 ($211.53).

Shares of VOW3 opened at €142.64 ($165.86) on Monday. The firm has a market cap of $29.41 billion and a PE ratio of 5.84. The stock’s fifty day moving average price is €149.01 and its two-hundred day moving average price is €148.00. The company has a debt-to-equity ratio of 167.78, a current ratio of 1.15 and a quick ratio of 0.85. Volkswagen has a 1 year low of €131.44 ($152.84) and a 1 year high of €163.98 ($190.67).

Volkswagen Company Profile

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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Analyst Recommendations for Volkswagen (ETR:VOW3)

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