Volkswagen (ETR:VOW3) Given a €168.00 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €168.00 ($188.76) price target on Volkswagen (ETR:VOW3) in a report released on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also commented on VOW3. Deutsche Bank set a €180.00 ($202.25) price target on shares of Volkswagen and gave the company a buy rating in a research report on Monday, May 18th. Kepler Capital Markets set a €163.00 ($183.15) price target on shares of Volkswagen and gave the company a buy rating in a research report on Monday, May 4th. Royal Bank of Canada set a €175.00 ($196.63) price target on shares of Volkswagen and gave the company a buy rating in a research report on Tuesday, July 7th. JPMorgan Chase & Co. set a €150.00 ($168.54) price target on shares of Volkswagen and gave the company a buy rating in a research report on Thursday. Finally, Independent Research set a €145.00 ($162.92) price target on shares of Volkswagen and gave the company a buy rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of Buy and an average price target of €169.81 ($190.80).

ETR:VOW3 opened at €125.00 ($140.45) on Thursday. Volkswagen has a 1-year low of €79.38 ($89.19) and a 1-year high of €187.74 ($210.94). The company has a 50-day moving average of €137.04 and a 200 day moving average of €138.77. The firm has a market cap of $25.78 billion and a PE ratio of 5.78. The company has a debt-to-equity ratio of 164.02, a current ratio of 1.06 and a quick ratio of 0.79.

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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