Volkswagen AG (OTCMKTS:VWAGY) Given Consensus Rating of “Hold” by Analysts

Shares of Volkswagen AG (OTCMKTS:VWAGY) have been assigned a consensus rating of “Hold” from the ten analysts that are covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company.

A number of brokerages have recently commented on VWAGY. Morgan Stanley cut shares of Volkswagen from an “equal weight” rating to an “underweight” rating in a report on Monday, May 20th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Volkswagen in a report on Wednesday, April 17th.

Volkswagen Stock Performance

Volkswagen stock opened at $12.02 on Friday. The stock’s fifty day moving average is $13.93 and its two-hundred day moving average is $14.19. Volkswagen has a 1-year low of $11.16 and a 1-year high of $17.35.

Volkswagen (OTCMKTS:VWAGY) last announced its quarterly earnings results on Monday, April 29th. The company reported $0.70 EPS for the quarter, meeting the consensus estimate of $0.70. The company had revenue of $81.93 billion during the quarter. As a group, equities analysts forecast that Volkswagen will post 3.34 EPS for the current fiscal year.

Volkswagen Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 20th. Investors of record on Friday, May 31st were issued a dividend of $0.6401 per share. The ex-dividend date was Friday, May 31st. This is a boost from Volkswagen’s previous dividend of $0.64.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, Europe, 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. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.