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

Volkswagen AG (OTCMKTS:VWAGY) has been given an average recommendation of “Hold” by the six research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a strong buy recommendation on the company.

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

Volkswagen Trading Up 0.9 %

Volkswagen stock opened at $9.41 on Monday. Volkswagen has a 52 week low of $8.57 and a 52 week high of $16.48. The stock has a market cap of $47.17 billion, a P/E ratio of 3.56, a price-to-earnings-growth ratio of 1.03 and a beta of 1.37. The stock has a 50 day moving average of $9.58 and a 200-day moving average of $11.04.

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