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

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have received a consensus rating of “Hold” from the seven analysts that are currently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

Several equities research analysts recently weighed in on VWAGY shares. The Goldman Sachs Group started coverage on shares of Volkswagen in a research report on Sunday, November 23rd. They set a “neutral” rating for the company. Zacks Research upgraded Volkswagen from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Citigroup restated a “buy” rating on shares of Volkswagen in a research note on Friday, January 16th. Finally, HSBC reaffirmed a “buy” rating on shares of Volkswagen in a report on Tuesday, January 13th.

Volkswagen Stock Performance

Shares of Volkswagen stock opened at $12.14 on Thursday. Volkswagen has a 52-week low of $9.20 and a 52-week high of $12.83. The company’s 50 day moving average price is $12.21 and its 200-day moving average price is $11.61. The stock has a market capitalization of $60.86 billion, a price-to-earnings ratio of 8.49, a P/E/G ratio of 1.01 and a beta of 1.16.

Volkswagen Company Profile

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.