Volkswagen (ETR:VOW3) PT Set at €277.00 by Royal Bank of Canada


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Volkswagen (ETR:VOW3) has been assigned a €277.00 ($325.88) target price by equities research analysts at Royal Bank of Canada in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 13.04% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Independent Research set a €265.00 ($311.76) target price on Volkswagen and gave the company a “buy” rating in a report on Tuesday, March 23rd. Sanford C. Bernstein set a €237.00 ($278.82) target price on Volkswagen and gave the company a “neutral” rating in a report on Wednesday, March 24th. Deutsche Bank Aktiengesellschaft set a €270.00 ($317.65) target price on Volkswagen and gave the company a “buy” rating in a report on Monday, March 22nd. DZ Bank reaffirmed a “neutral” rating on shares of Volkswagen in a research report on Thursday, March 25th. Finally, Nord/LB set a €220.00 ($258.82) price target on Volkswagen and gave the company a “buy” rating in a research report on Tuesday, March 16th. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Volkswagen currently has an average rating of “Buy” and an average target price of €239.50 ($281.76).

Shares of VOW3 stock opened at €245.05 ($288.29) on Thursday. The stock has a market capitalization of $50.53 billion and a PE ratio of 14.33. Volkswagen has a 1-year low of €111.10 ($130.71) and a 1-year high of €252.20 ($296.71). The business has a 50-day moving average of €215.04 and a 200 day moving average of €165.23. The company has a debt-to-equity ratio of 157.98, a current ratio of 1.18 and a quick ratio of 0.86.

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

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Analyst Recommendations for Volkswagen (ETR:VOW3)

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