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

Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) has earned an average recommendation of "Hold" from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a strong buy rating to the company.

A number of equities research analysts recently issued reports on VWAGY shares. Barclays upgraded shares of Volkswagen to a "strong-buy" rating in a report on Monday, September 23rd. Royal Bank of Canada lowered 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 Stock Up 1.0 %

Shares of Volkswagen stock traded up $0.09 during midday trading on Thursday, hitting $9.03. The company's stock had a trading volume of 554,988 shares, compared to its average volume of 300,990. The firm has a market capitalization of $45.27 billion, a P/E ratio of 3.39, a PEG ratio of 1.03 and a beta of 1.41. Volkswagen has a 1-year low of $8.83 and a 1-year high of $16.48. The stock has a 50-day simple moving average of $10.41 and a 200-day simple moving average of $11.91.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.27 earnings per share (EPS) for the quarter. Volkswagen had a net margin of 3.77% and a return on equity of 6.37%. The company had revenue of $86.25 billion during the quarter. As a group, sell-side analysts predict that Volkswagen will post 2.53 earnings per share for the current 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.