Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Receives Average Recommendation of “Hold” from Analysts

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has been given an average recommendation of “Hold” by the eight analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts have weighed in on the stock. HSBC reissued a “buy” rating on shares of Volkswagen in a research report on Tuesday. Hsbc Global Res raised shares of Volkswagen to a “strong-buy” rating in a research report on Tuesday, January 13th. Zacks Research downgraded Volkswagen from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Citigroup reissued a “buy” rating on shares of Volkswagen in a research report on Friday. Finally, The Goldman Sachs Group started coverage on shares of Volkswagen in a report on Sunday, November 23rd. They set a “neutral” rating for the company.

Volkswagen Price Performance

OTCMKTS:VWAGY opened at $11.69 on Friday. Volkswagen has a 1-year low of $9.20 and a 1-year high of $12.83. The business has a 50 day moving average of $11.95 and a 200 day moving average of $11.46. The company has a market capitalization of $58.60 billion, a price-to-earnings ratio of 8.17, a PEG ratio of 1.01 and a beta of 1.15.

Volkswagen (OTCMKTS:VWAGY) last issued its earnings results on Thursday, October 30th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.12). Volkswagen had a return on equity of 3.26% and a net margin of 1.99%.The business had revenue of $93.67 billion during the quarter, compared to analysts’ expectations of $78.07 billion. As a group, sell-side analysts anticipate that Volkswagen will post 2.53 EPS for the current year.

About Volkswagen

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.