JPMorgan Chase & Co. Analysts Give Volkswagen (ETR:VOW3) a €176.00 Price Target

JPMorgan Chase & Co. set a €176.00 ($204.65) price objective on Volkswagen (ETR:VOW3) in a research report released on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other research analysts also recently commented on the company. Goldman Sachs Group set a €193.00 ($224.42) price objective on Volkswagen and gave the company a buy rating in a report on Wednesday, November 6th. Credit Suisse Group set a €205.00 ($238.37) price objective on Volkswagen and gave the company a buy rating in a report on Thursday, October 31st. Sanford C. Bernstein set a €180.00 ($209.30) price objective on Volkswagen and gave the company a buy rating in a report on Wednesday, October 30th. Morgan Stanley set a €170.00 ($197.67) target price on Volkswagen and gave the company a neutral rating in a research report on Friday, September 13th. Finally, Nord/LB set a €200.00 ($232.56) target price on Volkswagen and gave the company a buy rating in a research report on Friday. One 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. The stock presently has an average rating of Buy and a consensus price target of €186.80 ($217.21).

Shares of VOW3 traded up €1.38 ($1.60) during mid-day trading on Monday, reaching €177.32 ($206.19). The company’s stock had a trading volume of 1,107,406 shares, compared to its average volume of 1,610,000. Volkswagen has a 12-month low of €134.08 ($155.91) and a 12-month high of €184.32 ($214.33). The stock has a market cap of $36.86 billion and a PE ratio of 6.65. The company has a debt-to-equity ratio of 169.39, a current ratio of 1.18 and a quick ratio of 0.88. The company’s 50 day moving average is €168.41 and its 200 day moving average is €153.51.

About Volkswagen

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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