Mercedes-Benz Group AG (OTCMKTS:MBGYY) Receives Average Rating of “Moderate Buy” from Analysts

by · The Cerbat Gem

Shares of Mercedes-Benz Group AG (OTCMKTS:MBGYY – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

A number of analysts have recently commented on the stock. Royal Bank Of Canada cut shares of Mercedes-Benz Group from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. DZ Bank upgraded Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Finally, The Goldman Sachs Group raised Mercedes-Benz Group to a “strong-buy” rating in a report on Monday, November 24th.

Read Our Latest Stock Report on MBGYY

Mercedes-Benz Group Trading Down 0.6%

Shares of OTCMKTS:MBGYY opened at C$17.42 on Friday. The business’s 50 day moving average price is C$17.20 and its 200-day moving average price is C$15.93. Mercedes-Benz Group has a 1 year low of C$12.55 and a 1 year high of C$18.16. The firm has a market capitalization of C$67.10 billion, a price-to-earnings ratio of 5.53 and a beta of 0.82. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.27 and a quick ratio of 0.93.

Mercedes-Benz Group (OTCMKTS:MBGYY – Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The company reported C$0.36 EPS for the quarter. The company had revenue of C$37.58 billion during the quarter. Mercedes-Benz Group had a net margin of 4.51% and a return on equity of 6.59%. On average, equities research analysts forecast that Mercedes-Benz Group will post 2.26 earnings per share for the current fiscal year.

About Mercedes-Benz Group

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Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.

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