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

Volkswagen AG (OTCMKTS:VWAGY) has earned a consensus rating of “Hold” from the seven research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

VWAGY has been the topic of a number of recent research reports. Dbs Bank raised shares of Volkswagen to a “hold” rating in a research note on Tuesday, October 1st. Barclays upgraded shares of Volkswagen to a “strong-buy” rating in a report on Monday, September 23rd.

Volkswagen Stock Performance

OTCMKTS VWAGY opened at $10.31 on Friday. The firm’s 50 day moving average price is $10.92 and its two-hundred day moving average price is $12.52. The stock has a market cap of $51.68 billion, a price-to-earnings ratio of 3.21, a PEG ratio of 1.07 and a beta of 1.41. Volkswagen has a twelve month low of $10.15 and a twelve month high of $16.48.

Volkswagen (OTCMKTS:VWAGY) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.67 earnings per share (EPS) for the quarter. The company had revenue of $89.71 billion for the quarter. Volkswagen had a net margin of 4.60% and a return on equity of 7.79%. On average, research analysts forecast that Volkswagen will post 2.69 EPS 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.