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

Volkswagen AG (OTCMKTS:VWAGY) has been given a consensus recommendation of “Hold” by the six analysts that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has given a strong buy recommendation to the company.

Several equities research analysts have commented on VWAGY shares. Barclays upgraded shares of Volkswagen to a “strong-buy” rating in a research note on Monday, September 23rd. Royal Bank of Canada lowered Volkswagen from an “outperform” rating to a “sector perform” rating in a report on Wednesday, November 6th. Finally, Dbs Bank upgraded Volkswagen to a “hold” rating in a research note on Tuesday, October 1st.

Volkswagen Stock Up 0.2 %

Shares of OTCMKTS:VWAGY opened at $9.10 on Friday. The business’s 50 day moving average is $9.23 and its 200 day moving average is $10.58. Volkswagen has a 12-month low of $8.57 and a 12-month high of $16.48. The stock has a market cap of $45.62 billion, a price-to-earnings ratio of 3.45, a PEG ratio of 1.03 and a beta of 1.34.

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

About Volkswagen

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.