Volkswagen (ETR:VOW3) PT Set at €160.00 by Sanford C. Bernstein

Volkswagen (ETR:VOW3Get Rating) has been given a €160.00 ($163.27) price target by stock analysts at Sanford C. Bernstein in a note issued to investors on Tuesday, Borsen Zeitung reports. Sanford C. Bernstein’s target price points to a potential upside of 11.50% from the stock’s current price.

Several other research firms have also recently weighed in on VOW3. The Goldman Sachs Group set a €197.00 ($201.02) target price on shares of Volkswagen in a research note on Friday, August 5th. Warburg Research set a €230.00 ($234.69) target price on shares of Volkswagen in a research note on Monday, August 1st. Royal Bank of Canada set a €316.00 ($322.45) target price on shares of Volkswagen in a research note on Monday, August 1st. Berenberg Bank set a €175.00 ($178.57) target price on shares of Volkswagen in a research note on Tuesday, May 31st. Finally, UBS Group set a €230.00 ($234.69) target price on shares of Volkswagen in a research note on Monday, August 29th.

Volkswagen Price Performance

Shares of VOW3 opened at €143.50 ($146.43) on Tuesday. The stock has a market capitalization of $29.59 billion and a P/E ratio of 4.23. Volkswagen has a twelve month low of €120.56 ($123.02) and a twelve month high of €208.35 ($212.60). The company has a 50 day moving average of €138.19 and a 200-day moving average of €149.31. The company has a quick ratio of 0.80, a current ratio of 1.21 and a debt-to-equity ratio of 124.99.

About Volkswagen

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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.

Further Reading

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