Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Given Average Recommendation of “Moderate Buy” by Analysts

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has received a consensus recommendation of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Volkswagen in a research note on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of Volkswagen in a research note on Tuesday, September 8th. Finally, Zacks Research lowered Volkswagen from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th.

Volkswagen Price Performance

Shares of Volkswagen stock opened at $9.39 on Tuesday. Volkswagen has a one year low of $8.07 and a one year high of $12.83. The business’s 50 day simple moving average is $8.76 and its two-hundred day simple moving average is $9.76. The stock has a market capitalization of $47.07 billion, a P/E ratio of 7.70, a price-to-earnings-growth ratio of 0.41 and a beta of 1.07.

Volkswagen (OTCMKTS:VWAGY) last issued its earnings results on Friday, July 24th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.27). Volkswagen had a return on equity of 2.70% and a net margin of 1.68%.The firm had revenue of $93.81 billion during the quarter, compared to the consensus estimate of $92.92 billion. Sell-side analysts expect that Volkswagen will post 1.79 earnings per share for the current fiscal year.

About Volkswagen

Volkswagen AG is a German automotive company headquartered in Wolfsburg, Germany. Through its Volkswagen Group operations, the company develops, manufactures and sells passenger cars, commercial vehicles, trucks, buses, motorcycles and related mobility products. Its portfolio includes vehicles powered by internal combustion engines, hybrids and batteries, along with digital services and charging solutions.

The group’s major automotive brands include Volkswagen Passenger Cars, Audi, Škoda, SEAT, CUPRA, Porsche, Bentley, Lamborghini, Ducati and Volkswagen Commercial Vehicles.