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

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

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

Volkswagen Stock Performance

Volkswagen stock opened at $8.88 on Thursday. The firm has a 50 day moving average price of $10.25 and a two-hundred day moving average price of $11.72. Volkswagen has a 52-week low of $8.80 and a 52-week high of $16.48. The firm has a market cap of $44.52 billion, a price-to-earnings ratio of 3.36, a PEG ratio of 1.03 and a beta of 1.41.

Volkswagen (OTCMKTS:VWAGY) last announced its earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share for the quarter. The business had revenue of $86.25 billion during the quarter. Volkswagen had a net margin of 3.77% and a return on equity of 6.37%. As a group, equities research 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.