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

Shares of Volkswagen AG (OTCMKTS:VWAGY) have earned an average rating of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat reports. Two research 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.

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

Volkswagen Price Performance

VWAGY stock opened at $9.13 on Thursday. Volkswagen has a 1 year low of $8.83 and a 1 year high of $16.48. The stock’s fifty day moving average price is $10.34 and its 200-day moving average price is $11.85. The company has a market cap of $45.77 billion, a P/E ratio of 3.46, a price-to-earnings-growth 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 EPS for the quarter. Volkswagen had a net margin of 3.77% and a return on equity of 6.37%. The business had revenue of $86.25 billion during the quarter. As a group, analysts expect that Volkswagen will post 2.53 earnings per share for the current 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.