The Traderszone Network

Published in TZ Latest News 27 September, 2015 by The TZ Newswire Staff

Volkswagen shares could get cheaper: Barron’s

Buying shares of Volkswagen AG (VOWG_p.DE) before the potential toll of the German carmaker’s diesel emissions scandal becomes clear is a dangerous move for investors, according to a report on Sunday in Barron’s financial newspaper. According to Barron’s, Volkswagen’s shares trade for 5.1 times estimated 2016 earnings, and 0.6 times book value, though analysts’ earnings forecasts are failing to account for potential charges. The world’s biggest carmaker by sales has admitted to U.S.

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