Volkswagen AG (OTCMKTS:VWAGY) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Volkswagen AG (OTCMKTS:VWAGY) have been given a consensus rating of “Reduce” by the five ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company.

Separately, Barclays raised Volkswagen to a “strong-buy” rating in a research note on Monday.

Volkswagen Price Performance

Shares of VWAGY stock opened at $11.12 on Wednesday. The stock has a 50 day simple moving average of $11.29 and a 200-day simple moving average of $13.14. Volkswagen has a 1-year low of $10.22 and a 1-year high of $16.48. The company has a market cap of $55.74 billion, a price-to-earnings ratio of 3.38, a PEG ratio of 0.99 and a beta of 1.41.

Volkswagen (OTCMKTS:VWAGY) last released its earnings results on Thursday, August 1st. The company reported $0.67 earnings per share for the quarter. The business 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%. Analysts anticipate that Volkswagen will post 3.05 earnings per share for the current fiscal year.

About Volkswagen

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.