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

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

Several brokerages recently issued reports on VWAGY. Redburn Atlantic started coverage on Volkswagen in a research report on Wednesday, January 24th. They issued a “sell” rating for the company. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Volkswagen in a research note on Wednesday.

Volkswagen Trading Down 0.3 %

Shares of OTCMKTS:VWAGY opened at $14.98 on Monday. The firm’s 50 day simple moving average is $15.10 and its 200 day simple moving average is $13.73. Volkswagen has a fifty-two week low of $11.16 and a fifty-two week high of $17.53.

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.