Volkswagen AG (OTCMKTS:VWAGY) Receives Average Recommendation of "Hold" from Brokerages

Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) has been assigned a consensus rating of "Hold" from the six analysts that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a strong buy recommendation on the company.

VWAGY has been the subject of several research reports. Dbs Bank upgraded shares of Volkswagen to a "hold" rating in a research note on Tuesday, October 1st. Royal Bank of Canada lowered Volkswagen from an "outperform" rating to a "sector perform" rating in a research note on Wednesday, November 6th. Finally, Barclays upgraded shares of Volkswagen to a "strong-buy" rating in a research report on Monday, September 23rd.

Volkswagen Stock Performance

Shares of Volkswagen stock traded up $0.02 during trading on Friday, hitting $9.10. 211,315 shares of the stock traded hands, compared to its average volume of 259,258. The stock has a market cap of $45.62 billion, a P/E ratio of 3.45, a PEG ratio of 1.03 and a beta of 1.37. The company has a fifty day moving average price of $9.26 and a two-hundred day moving average price of $10.61. Volkswagen has a twelve month low of $8.57 and a twelve month high of $16.48.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last released 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. On average, equities research analysts expect that Volkswagen will post 2.53 EPS 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.