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

Shares of Volkswagen AG (OTCMKTS:VWAGY) have earned an average rating of “Hold” from the ten analysts that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company.

VWAGY has been the topic of a number of research reports. UBS Group lowered shares of Volkswagen from a “neutral” rating to a “sell” rating in a research report on Friday. Citigroup raised shares of Volkswagen from a “neutral” rating to a “buy” rating in a research report on Wednesday, August 9th.

Volkswagen Trading Down 5.6 %

OTCMKTS:VWAGY opened at $13.49 on Friday. Volkswagen has a 1 year low of $13.45 and a 1 year high of $20.69. The firm’s fifty day simple moving average is $15.75 and its 200 day simple moving average is $16.48.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, Europe, 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. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; and production and sale of passenger cars and light commercial vehicles, and related parts.