Mercedes-Benz Group AG (OTCMKTS:MBGYY) Given Average Recommendation of “Buy” by Analysts

Shares of Mercedes-Benz Group AG (OTCMKTS:MBGYY) have received a consensus rating of “Buy” from the six ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a strong buy rating on the company.

MBGYY has been the topic of a number of recent analyst reports. Zacks Research cut shares of Mercedes-Benz Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Jefferies Financial Group upgraded shares of Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th.

Mercedes-Benz Group Price Performance

Shares of OTCMKTS MBGYY opened at C$13.16 on Monday. The firm has a 50-day simple moving average of C$13.03 and a 200-day simple moving average of C$14.62. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of C$50.69 billion, a price-to-earnings ratio of 8.49 and a beta of 0.80. Mercedes-Benz Group has a 52 week low of C$12.22 and a 52 week high of C$18.16.

Mercedes-Benz Group (OTCMKTS:MBGYY) last posted its quarterly earnings results on Tuesday, July 28th. The company reported C$0.33 EPS for the quarter. The business had revenue of C$37.27 billion for the quarter. Mercedes-Benz Group had a return on equity of 5.46% and a net margin of 3.89%. On average, equities analysts predict that Mercedes-Benz Group will post 1.37 earnings per share for the current fiscal year.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.