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 six brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company.

Separately, Zacks Research cut shares of Volkswagen from a “hold” rating to a “strong sell” rating in a report on Friday.

Volkswagen Trading Up 2.0%

OTCMKTS:VWAGY opened at $10.68 on Tuesday. The stock has a 50-day moving average price of $11.20 and a 200 day moving average price of $11.10. Volkswagen has a 12-month low of $8.57 and a 12-month high of $12.32. The stock has a market capitalization of $53.54 billion, a P/E ratio of 5.90, a P/E/G ratio of 0.65 and a beta of 1.27.

Volkswagen (OTCMKTS:VWAGY) last released its quarterly earnings data on Thursday, October 30th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.12). The business had revenue of $93.67 billion for the quarter, compared to the consensus estimate of $78.07 billion. Volkswagen had a net margin of 2.57% and a return on equity of 4.21%. On average, research analysts predict that Volkswagen will post 2.53 earnings per share for the current fiscal year.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.