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

Volkswagen AG (OTCMKTS:VWAGY) has received an average recommendation of “Hold” from the eight brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages recently weighed in on VWAGY. Barclays upgraded shares of Volkswagen to a “strong-buy” rating in a research note on Monday, September 23rd. Dbs Bank upgraded shares of Volkswagen to a “hold” rating in a research note on Tuesday, October 1st. Finally, Royal Bank of Canada cut shares of Volkswagen from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, November 6th.

Volkswagen Price Performance

Volkswagen stock opened at $8.94 on Thursday. The company has a market cap of $44.82 billion, a PE ratio of 3.39, a P/E/G ratio of 1.03 and a beta of 1.41. The company has a fifty day moving average price of $10.45 and a two-hundred day moving average price of $11.93. Volkswagen has a 12 month low of $8.83 and a 12 month high of $16.48.

Volkswagen (OTCMKTS:VWAGY) last posted its earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter. The company had revenue of $86.25 billion for the quarter. Volkswagen had a return on equity of 6.37% and a net margin of 3.77%. Equities research analysts anticipate 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.