Volkswagen AG (OTCMKTS:VWAGY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Volkswagen AG (OTCMKTS:VWAGY) have been assigned an average rating of “Hold” from the eight research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a strong buy recommendation to the company.

VWAGY has been the subject of a number of recent research reports. Royal Bank of Canada cut Volkswagen from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, November 6th. Dbs Bank upgraded shares of Volkswagen to a “hold” rating in a research note on Tuesday, October 1st. Finally, Barclays upgraded shares of Volkswagen to a “strong-buy” rating in a research note on Monday, September 23rd.

Volkswagen Stock Down 0.1 %

Shares of VWAGY stock opened at $9.12 on Thursday. The business’s fifty day moving average is $10.31 and its 200 day moving average is $11.78. The stock has a market cap of $45.72 billion, a price-to-earnings ratio of 3.45, a PEG ratio of 1.03 and a beta of 1.41. Volkswagen has a twelve month low of $8.83 and a twelve month high of $16.48.

Volkswagen (OTCMKTS:VWAGY) last announced its earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share for the quarter. Volkswagen had a net margin of 3.77% and a return on equity of 6.37%. The business had revenue of $86.25 billion during the quarter. Equities research analysts expect that Volkswagen will post 2.53 earnings per share for the current fiscal year.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.