Mercedes-Benz Group AG (OTCMKTS:MBGYY) Receives Consensus Rating of “Hold” from Brokerages

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has been assigned a consensus rating of “Hold” from the six brokerages that are covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold rating.

Separately, Royal Bank Of Canada downgraded Mercedes-Benz Group from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, September 23rd.

Mercedes-Benz Group Stock Down 0.3%

Mercedes-Benz Group stock opened at C$15.63 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.32 and a quick ratio of 0.97. Mercedes-Benz Group has a 1-year low of C$12.55 and a 1-year high of C$16.87. The company has a market cap of C$60.20 billion, a PE ratio of 4.75 and a beta of 1.01. The stock’s 50 day moving average price is C$15.47 and its 200 day moving average price is C$14.95.

Mercedes-Benz Group (OTCMKTS:MBGYY) last posted its quarterly earnings results on Wednesday, July 30th. The company reported C$0.27 earnings per share for the quarter. Mercedes-Benz Group had a return on equity of 7.24% and a net margin of 4.85%.The firm had revenue of C$37.62 billion for the quarter. On average, sell-side analysts predict that Mercedes-Benz Group will post 2.26 EPS for the current fiscal year.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.