UBS Group Reiterates “€280.00” Price Target for Volkswagen (ETR:VOW3)

Volkswagen (ETR:VOW3Get Rating) received a €280.00 ($301.08) price objective from stock analysts at UBS Group in a research note issued on Tuesday, Borsen Zeitung reports. UBS Group’s target price indicates a potential upside of 87.94% from the stock’s current price.

Several other equities analysts have also recently weighed in on VOW3. Barclays set a €295.00 ($317.20) target price on Volkswagen in a research note on Monday, March 14th. Nord/LB set a €250.00 ($268.82) target price on Volkswagen in a research note on Tuesday, January 4th. JPMorgan Chase & Co. set a €235.00 ($252.69) target price on Volkswagen in a research note on Thursday, April 14th. Deutsche Bank Aktiengesellschaft set a €210.00 ($225.81) target price on Volkswagen in a research note on Monday, March 14th. Finally, Royal Bank of Canada set a €310.00 ($333.33) price target on Volkswagen in a report on Thursday, April 14th. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of €244.19 ($262.57).

ETR:VOW3 traded down €2.22 ($2.39) on Tuesday, hitting €148.98 ($160.19). 1,611,383 shares of the company’s stock traded hands, compared to its average volume of 1,610,000. The company has a current ratio of 1.22, a quick ratio of 0.87 and a debt-to-equity ratio of 143.82. Volkswagen has a 1 year low of €131.30 ($141.18) and a 1 year high of €248.00 ($266.67). The firm has a 50-day moving average price of €161.53 and a 200-day moving average price of €176.91. The company has a market cap of $30.72 billion and a PE ratio of 5.03.

About Volkswagen (Get Rating)

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 and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment develops vehicles, engines, and vehicle software; and light commercial vehicles; and produces and sells passenger cars and related parts.

See Also

Analyst Recommendations for Volkswagen (ETR:VOW3)

Receive News & Ratings for Volkswagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen and related companies with MarketBeat.com's FREE daily email newsletter.