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

Volkswagen AG (OTCMKTS:VWAGY) has been assigned a consensus recommendation of “Hold” from the six brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a strong buy recommendation on the company.

Separately, UBS Group upgraded shares of Volkswagen from a “strong sell” rating to a “hold” rating in a research report on Monday, March 17th.

Volkswagen Price Performance

Shares of OTCMKTS:VWAGY opened at $10.94 on Thursday. The firm has a fifty day moving average price of $10.84 and a two-hundred day moving average price of $10.16. The company has a market cap of $54.84 billion, a price-to-earnings ratio of 4.14, a PEG ratio of 1.03 and a beta of 1.36. Volkswagen has a one year low of $8.57 and a one year high of $16.48.

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.