Volkswagen (ETR:VOW3) Given a €175.00 Price Target by Berenberg Bank Analysts

Volkswagen (ETR:VOW3Get Rating) received a €175.00 ($178.57) price target from investment analysts at Berenberg Bank in a research note issued to investors on Friday, Borsen Zeitung reports. Berenberg Bank’s price objective would suggest a potential upside of 19.06% from the company’s current price.

Other equities analysts have also issued research reports about the company. Warburg Research set a €230.00 ($234.69) price target on Volkswagen in a report on Monday, August 1st. Deutsche Bank Aktiengesellschaft set a €230.00 ($234.69) price target on shares of Volkswagen in a research report on Monday, August 1st. UBS Group set a €230.00 ($234.69) target price on Volkswagen in a research note on Tuesday, September 6th. The Goldman Sachs Group set a €197.00 ($201.02) price objective on shares of Volkswagen in a research report on Friday, August 5th. Finally, Jefferies Financial Group set a €115.00 ($117.35) price objective on shares of Volkswagen in a research note on Tuesday, August 30th.

Volkswagen Trading Up 0.6 %

ETR:VOW3 opened at €146.98 ($149.98) on Friday. The company has a quick ratio of 0.80, a current ratio of 1.21 and a debt-to-equity ratio of 124.99. Volkswagen has a 52-week low of €120.56 ($123.02) and a 52-week high of €208.35 ($212.60). The stock’s 50 day moving average price is €138.74 and its 200 day moving average price is €147.58. The company has a market capitalization of $30.31 billion and a PE ratio of 4.33.

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.

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