Volkswagen AG (OTCMKTS:VWAGY) Receives Consensus Rating of “Hold” from Brokerages

Volkswagen AG (OTCMKTS:VWAGY) has been given a consensus recommendation of “Hold” by the six brokerages that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

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

Volkswagen Price Performance

VWAGY opened at $9.10 on Friday. The company has a market capitalization of $45.62 billion, a PE ratio of 3.45, a price-to-earnings-growth ratio of 1.03 and a beta of 1.34. The business has a fifty day simple moving average of $9.23 and a 200 day simple moving average of $10.58. Volkswagen has a 1 year low of $8.57 and a 1 year high of $16.48.

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