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

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

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

Volkswagen Stock Performance

OTCMKTS VWAGY opened at $9.13 on Thursday. Volkswagen has a 52-week low of $8.83 and a 52-week high of $16.48. The stock has a market cap of $45.77 billion, a PE ratio of 3.46, a P/E/G ratio of 1.03 and a beta of 1.41. The firm has a 50-day moving average of $10.34 and a 200-day moving average of $11.85.

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