Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have received an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

VWAGY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Volkswagen in a research report on Monday, July 27th. Zacks Research raised Volkswagen from a “strong sell” rating to a “hold” rating in a report on Monday, October 5th. Kepler Capital Markets cut Volkswagen from a “buy” rating to a “hold” rating in a research report on Monday, September 21st. Finally, Citigroup reiterated a “buy” rating on shares of Volkswagen in a research report on Tuesday, September 8th.

Volkswagen Trading Down 1.8%

Shares of OTCMKTS:VWAGY opened at $7.56 on Wednesday. The company has a market capitalization of $37.90 billion, a PE ratio of 28.00, a P/E/G ratio of 0.34 and a beta of 1.08. Volkswagen has a twelve month low of $7.38 and a twelve month high of $12.83. The firm has a 50 day simple moving average of $8.27 and a 200-day simple moving average of $9.75.

Volkswagen (OTCMKTS:VWAGY) last issued its earnings results on Thursday, October 29th. The company reported ($1.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($1.39). The company had revenue of $83.82 billion during the quarter, compared to analyst estimates of $88.08 billion. Volkswagen had a net margin of 0.41% and a return on equity of 0.65%. As a group, equities research analysts predict that Volkswagen will post 1.75 EPS for the current fiscal year.

Volkswagen Company Profile

Volkswagen AG is a Germany-based automotive company headquartered in Wolfsburg. Founded in 1937, the company has grown from the Volkswagen passenger-car brand into one of the world’s largest automotive groups, serving customers across Europe, the Americas, Asia-Pacific, and other international markets.

The company develops, manufactures, and sells passenger cars, sport utility vehicles, performance vehicles, luxury automobiles, motorcycles, commercial vehicles, and related mobility services.