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

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has been assigned a consensus recommendation of “Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a strong buy recommendation to the company.

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

Mercedes-Benz Group Price Performance

Shares of OTCMKTS MBGYY opened at C$13.38 on Thursday. 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 stock has a market capitalization of C$51.53 billion, a price-to-earnings ratio of 8.63 and a beta of 0.81. The firm’s 50 day simple moving average is C$13.38 and its 200-day simple moving average is C$15.07. Mercedes-Benz Group has a 12 month low of C$12.22 and a 12 month high of C$18.16.

Mercedes-Benz Group (OTCMKTS:MBGYY) last posted its earnings results on Tuesday, July 28th. The company reported C$0.33 earnings per share (EPS) for the quarter. Mercedes-Benz Group had a net margin of 3.89% and a return on equity of 5.46%. The firm had revenue of C$37.27 billion during the quarter. Analysts expect that Mercedes-Benz Group will post 1.43 EPS for the current year.

About Mercedes-Benz Group

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.