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

Volkswagen AG (OTCMKTS:VWAGY) has been given a consensus rating of “Hold” by the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company.

A number of research analysts have recently issued reports on the stock. BNP Paribas upgraded shares of Volkswagen from an “underperform” rating to a “neutral” rating in a report on Wednesday, December 13th. JPMorgan Chase & Co. cut shares of Volkswagen from an “overweight” rating to a “neutral” rating in a report on Wednesday, November 29th. Finally, Redburn Atlantic assumed coverage on shares of Volkswagen in a report on Wednesday, January 24th. They set a “sell” rating for the company.

Volkswagen Trading Up 0.4 %

Shares of OTCMKTS VWAGY opened at $15.20 on Thursday. The company has a 50-day moving average price of $14.45 and a 200-day moving average price of $13.44. Volkswagen has a 1 year low of $11.16 and a 1 year high of $17.53.

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; and production and sale of passenger cars and light commercial vehicles, and related parts.