Volkswagen (ETR:VOW3) Given a €202.00 Price Target at Royal Bank of Canada

Royal Bank of Canada set a €202.00 ($234.88) price objective on Volkswagen (ETR:VOW3) in a report published on Monday, June 3rd, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts also recently commented on the company. Jefferies Financial Group set a €160.00 ($186.05) target price on Volkswagen and gave the stock a neutral rating in a research report on Thursday, May 2nd. Nord/LB set a €175.00 ($203.49) target price on Volkswagen and gave the company a buy rating in a research note on Thursday, May 2nd. Kepler Capital Markets set a €191.00 ($222.09) target price on Volkswagen and gave the company a buy rating in a research note on Thursday, May 2nd. UBS Group set a €200.00 ($232.56) price objective on Volkswagen and gave the stock a buy rating in a research note on Thursday, May 2nd. Finally, JPMorgan Chase & Co. set a €186.00 ($216.28) price objective on Volkswagen and gave the company a buy rating in a report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have given a buy rating to the stock. The company has an average rating of Buy and an average target price of €182.04 ($211.68).

ETR:VOW3 traded up €1.58 ($1.84) during mid-day trading on Monday, hitting €147.50 ($171.51). 778,796 shares of the company traded hands, compared to its average volume of 1,610,000. The company has a fifty day moving average of €144.90. Volkswagen has a one year low of €131.44 ($152.84) and a one year high of €163.98 ($190.67). The company has a market cap of $30.42 billion and a price-to-earnings ratio of 6.42. The company has a debt-to-equity ratio of 164.02, a quick ratio of 0.82 and a current ratio of 1.11.

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, 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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