Volkswagen AG (OTCMKTS:VWAGY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Volkswagen AG (OTCMKTS:VWAGY) have been assigned an average rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a strong buy rating to the company.

Separately, Barclays upgraded Volkswagen to a “strong-buy” rating in a research report on Monday, September 23rd.

Volkswagen Stock Down 2.3 %

VWAGY stock opened at $10.83 on Wednesday. The company has a market capitalization of $54.29 billion, a PE ratio of 3.56, a P/E/G ratio of 1.04 and a beta of 1.41. The stock’s 50 day moving average is $11.18 and its two-hundred day moving average is $13.02. Volkswagen has a 52-week low of $10.22 and a 52-week high of $16.48.

Volkswagen (OTCMKTS:VWAGY) last issued its earnings results on Thursday, August 1st. The company reported $0.67 EPS for the quarter. The company had revenue of $89.71 billion during the quarter. Volkswagen had a return on equity of 7.79% and a net margin of 4.60%. As a group, sell-side analysts anticipate that Volkswagen will post 3.06 EPS for the current year.

Volkswagen Company Profile

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.