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

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

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

Mercedes-Benz Group Stock Up 2.0%

OTCMKTS MBGYY opened at C$17.87 on Monday. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 0.69. The company has a market cap of C$68.83 billion, a price-to-earnings ratio of 5.67 and a beta of 0.83. The company has a 50 day moving average of C$16.25 and a 200-day moving average of C$15.43. Mercedes-Benz Group has a 1-year low of C$12.55 and a 1-year high of C$17.91.

Mercedes-Benz Group (OTCMKTS:MBGYY) last posted its quarterly earnings data on Wednesday, October 29th. The company reported C$0.36 earnings per share for the quarter. The business 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 expect that Mercedes-Benz Group will post 2.26 earnings per share for the current fiscal year.

About Mercedes-Benz Group

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.