Volkswagen (ETR:VOW3) Given a €170.00 Price Target by Morgan Stanley Analysts

Volkswagen (ETR:VOW3) received a €170.00 ($197.67) target price from equities researchers at Morgan Stanley in a research note issued to investors on Thursday, September 5th, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Morgan Stanley’s price objective indicates a potential upside of 7.27% from the company’s current price.

Several other research firms also recently commented on VOW3. DZ Bank reiterated a “neutral” rating on shares of Volkswagen in a research note on Friday, June 28th. Sanford C. Bernstein set a €180.00 ($209.30) target price on Volkswagen and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Independent Research set a €169.00 ($196.51) target price on Volkswagen and gave the stock a “neutral” rating in a research report on Thursday, July 25th. Warburg Research set a €210.00 ($244.19) price objective on Volkswagen and gave the stock a “buy” rating in a research report on Wednesday, August 21st. Finally, JPMorgan Chase & Co. set a €176.00 ($204.65) price objective on Volkswagen and gave the stock a “buy” rating in a research report on Wednesday, September 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of €182.58 ($212.31).

VOW3 stock opened at €158.48 ($184.28) on Thursday. Volkswagen has a 12-month low of €131.44 ($152.84) and a 12-month high of €163.98 ($190.67). The company has a quick ratio of 0.85, a current ratio of 1.15 and a debt-to-equity ratio of 167.78. The business has a 50 day moving average of €146.30 and a 200-day moving average of €148.24. The firm has a market cap of $32.32 billion and a PE ratio of 6.49.

Volkswagen Company Profile

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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