VOLKSWAGEN AG/ADR (OTCMKTS:VWAGY) Receives Average Rating of “Hold” from Brokerages

Shares of VOLKSWAGEN AG/ADR (OTCMKTS:VWAGY) have earned a consensus rating of “Hold” from the six analysts that are presently covering the stock, reports. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company.

Several analysts recently weighed in on the company. Royal Bank of Canada started coverage on VOLKSWAGEN AG/ADR in a research note on Monday, June 3rd. They set an “outperform” rating for the company. DZ Bank downgraded VOLKSWAGEN AG/ADR to a “sell” rating in a research report on Tuesday, September 10th. ValuEngine upgraded VOLKSWAGEN AG/ADR from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 15th. Zacks Investment Research cut VOLKSWAGEN AG/ADR from a “hold” rating to a “sell” rating in a report on Friday, August 30th. Finally, JPMorgan Chase & Co. began coverage on VOLKSWAGEN AG/ADR in a research note on Wednesday, September 4th. They issued an “overweight” rating for the company.

Shares of OTCMKTS VWAGY traded down $0.08 during mid-day trading on Wednesday, reaching $17.57. 43,406 shares of the company traded hands, compared to its average volume of 84,755. The stock has a market cap of $88.48 billion, a PE ratio of 6.32, a price-to-earnings-growth ratio of 1.12 and a beta of 1.97. The company’s fifty day moving average is $16.57 and its two-hundred day moving average is $16.95. VOLKSWAGEN AG/ADR has a fifty-two week low of $14.70 and a fifty-two week high of $18.84.


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