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

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has been assigned an average recommendation of “Buy” from the six brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a strong buy rating on the company.

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

Mercedes-Benz Group Price Performance

Shares of MBGYY stock opened at C$13.16 on Monday. The stock’s 50-day moving average is C$13.03 and its 200 day moving average is C$14.62. Mercedes-Benz Group has a 1-year low of C$12.22 and a 1-year high of C$18.16. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.38 and a quick ratio of 1.06. The company has a market cap of C$50.69 billion, a P/E ratio of 8.49 and a beta of 0.80.

Mercedes-Benz Group (OTCMKTS:MBGYY) last posted its earnings results on Tuesday, July 28th. The company reported C$0.33 EPS for the quarter. Mercedes-Benz Group had a net margin of 3.89% and a return on equity of 5.46%. The company had revenue of C$37.27 billion during the quarter. Research 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.