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

Volkswagen AG (OTCMKTS:VWAGY) has earned an average rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a strong buy recommendation on the company.

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

Volkswagen Trading Up 3.3 %

VWAGY opened at $9.40 on Friday. Volkswagen has a 12 month low of $8.57 and a 12 month high of $16.48. The business’s 50-day moving average price is $9.20 and its 200-day moving average price is $10.53. The company has a market cap of $47.12 billion, a P/E ratio of 3.56, a P/E/G ratio of 1.03 and a beta of 1.34.

Volkswagen (OTCMKTS:VWAGY) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.27 earnings per share for the quarter. Volkswagen had a return on equity of 6.37% and a net margin of 3.77%. The firm had revenue of $86.25 billion during the quarter. Equities research analysts forecast 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.