Volkswagen (ETR:VOW3) Given a €175.00 Price Target at Royal Bank of Canada

Royal Bank of Canada set a €175.00 ($203.49) target price on Volkswagen (ETR:VOW3) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other analysts have also recently issued research reports about the company. UBS Group set a €140.00 ($162.79) target price on Volkswagen and gave the stock a buy rating in a research report on Tuesday. Sanford C. Bernstein set a €220.00 ($255.81) target price on Volkswagen and gave the stock a buy rating in a research report on Tuesday, January 28th. Morgan Stanley set a €170.00 ($197.67) target price on Volkswagen and gave the stock a neutral rating in a research report on Monday, March 2nd. Deutsche Bank set a €180.00 ($209.30) target price on Volkswagen and gave the stock a buy rating in a research report on Wednesday, March 18th. Finally, DZ Bank reiterated a sell rating on shares of Volkswagen in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of €173.42 ($201.65).

Shares of ETR:VOW3 traded up €5.06 ($5.88) during trading on Wednesday, hitting €114.88 ($133.58). 2,539,388 shares of the company’s stock were exchanged, compared to its average volume of 1,610,000. The company has a debt-to-equity ratio of 162.93, a current ratio of 1.12 and a quick ratio of 0.78. Volkswagen has a 52-week low of €79.38 ($92.30) and a 52-week high of €187.74 ($218.30). The business’s 50-day simple moving average is €142.59 and its 200 day simple moving average is €163.87. The company has a market cap of $23.69 billion and a price-to-earnings ratio of 4.32.

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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