Mercedes-Benz Group (OTCMKTS:MBGYY – Get Free Report) was upgraded by stock analysts at Dbs Bank from a “moderate sell” rating to a “hold” rating in a note issued to investors on Wednesday, Zacks reports.
MBGYY has been the topic of a number of other reports. Jefferies Financial Group upgraded Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 29th. Zacks Research upgraded shares of Mercedes-Benz Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 26th. Four research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Mercedes-Benz Group presently has an average rating of “Buy”.
View Our Latest Report on MBGYY
Mercedes-Benz Group Price Performance
Mercedes-Benz Group (OTCMKTS:MBGYY – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported C$0.33 earnings per share (EPS) for the quarter. The firm had revenue of C$37.27 billion for the quarter. Mercedes-Benz Group had a return on equity of 5.41% and a net margin of 3.89%. Research analysts predict that Mercedes-Benz Group will post 1.37 earnings per share for the current year.
About Mercedes-Benz Group
Mercedes-Benz Group AG is a Germany-based automotive company headquartered in Stuttgart. The company develops, manufactures and sells premium passenger cars, performance vehicles, luxury automobiles and light commercial vans under the Mercedes-Benz brand. Its portfolio includes Mercedes-AMG performance models and Mercedes-Maybach luxury vehicles, as well as electric and conventional vehicles.
The group also provides automotive financing, leasing, insurance and fleet-management services through Mercedes-Benz Mobility.
Recommended Stories
- Five stocks we like better than Mercedes-Benz Group
- Alamos Gold’s 1 Million-Ounce Growth Story Is Hiding in Plain Sight
- Everyone in AI Is Quietly Copying Palantir’s Playbook
- Advanced Micro Devices Is Spending $8.2 Billion to Learn What AI Needs Next
- JPMorgan Bets on Genius Sports as the Market Loses Patience
Receive News & Ratings for Mercedes-Benz Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercedes-Benz Group and related companies with MarketBeat.com's FREE daily email newsletter.
