Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Given Average Recommendation of “Hold” by Brokerages

by · The Markets Daily

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY – Get Free Report) have earned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several equities research analysts have issued reports on VWAGY shares. Citigroup restated a “buy” rating on shares of Volkswagen in a research report on Friday, January 16th. HSBC reaffirmed a “buy” rating on shares of Volkswagen in a report on Tuesday, January 13th. Hsbc Global Res raised shares of Volkswagen to a “strong-buy” rating in a report on Tuesday, January 13th. Zacks Research lowered shares of Volkswagen from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Finally, The Goldman Sachs Group initiated coverage on shares of Volkswagen in a research note on Sunday, November 23rd. They issued a “neutral” rating on the stock.

View Our Latest Report on VWAGY

Volkswagen Stock Performance

VWAGY stock opened at $12.38 on Friday. The stock has a fifty day moving average of $11.99 and a 200-day moving average of $11.50. Volkswagen has a fifty-two week low of $9.20 and a fifty-two week high of $12.83. The company has a market capitalization of $62.06 billion, a price-to-earnings ratio of 8.66, a PEG ratio of 1.07 and a beta of 1.15.

Volkswagen (OTCMKTS:VWAGY – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.12). Volkswagen had a net margin of 1.99% and a return on equity of 3.26%. The business had revenue of $93.67 billion for the quarter, compared to analysts’ expectations of $78.07 billion. Equities analysts predict that Volkswagen will post 2.53 EPS for the current year.

About Volkswagen

(Get Free Report)

Volkswagen AG is one of the world’s largest integrated automakers, headquartered in Wolfsburg, Germany. Founded in 1937 to produce a mass-market “people’s car,” the company expanded through the post-war period into a global automotive group. Volkswagen’s operations encompass the design, engineering, manufacture and distribution of a broad range of passenger cars and light commercial vehicles, and the company’s consolidated brand portfolio includes Volkswagen Passenger Cars, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and other marques operated across its group structure.

In addition to vehicle production, Volkswagen provides a range of automotive-related products and services, including powertrain technologies, component manufacturing, mobility services and vehicle financing and leasing through its Volkswagen Financial Services unit.

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