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

Volkswagen AG (OTCMKTS:VWAGY) has earned an average recommendation of “Hold” from the nine brokerages that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company.

A number of equities research analysts have recently weighed in on VWAGY shares. Redburn Atlantic began coverage on shares of Volkswagen in a report on Wednesday, January 24th. They issued a “sell” rating for the company. Sanford C. Bernstein restated a “market perform” rating on shares of Volkswagen in a research note on Wednesday, April 17th.

Volkswagen Stock Down 0.5 %

VWAGY opened at $14.47 on Friday. Volkswagen has a 12 month low of $11.16 and a 12 month high of $17.53. The company has a 50 day moving average of $14.98 and a 200 day moving average of $13.94.

Volkswagen Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 20th. Shareholders of record on Friday, May 31st will be given a $0.6401 dividend. This is a positive change from Volkswagen’s previous dividend of $0.64. The ex-dividend date is Friday, May 31st.

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.