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

Volkswagen AG (OTCMKTS:VWAGY) has been given a consensus rating of “Hold” by the six research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating on the company.

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

Volkswagen Trading Up 0.9 %

Shares of OTCMKTS:VWAGY opened at $9.41 on Monday. Volkswagen has a 12-month low of $8.57 and a 12-month high of $16.48. The company has a market capitalization of $47.17 billion, a PE ratio of 3.56, a PEG ratio of 1.03 and a beta of 1.37. The business has a 50 day moving average of $9.58 and a two-hundred day moving average of $10.98.

Volkswagen (OTCMKTS:VWAGY) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter. Volkswagen had a return on equity of 6.37% and a net margin of 3.77%. The company had revenue of $86.25 billion during the quarter. Equities research analysts predict that Volkswagen will post 2.53 earnings per share for the current fiscal year.

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.