Volkswagen AG (VLKAY) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Volkswagen AG (NASDAQ:VLKAY) have received a consensus rating of “Hold” from the thirteen research firms that are presently covering the stock. Four analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and six have given a buy recommendation to the company.
A number of research firms have recently commented on VLKAY. Berenberg Bank began coverage on shares of Volkswagen AG in a report on Tuesday. They set a “sell” rating for the company. Zacks Investment Research downgraded shares of Volkswagen AG from a “buy” rating to a “hold” rating in a report on Saturday, October 22nd. HSBC raised shares of Volkswagen AG from a “hold” rating to a “buy” rating in a report on Monday, November 21st. Jefferies Group assumed coverage on shares of Volkswagen AG in a research report on Tuesday, August 9th. They set an “underperform” rating for the company. Finally, Goldman Sachs Group Inc. upgraded shares of Volkswagen AG from a “sell” rating to a “buy” rating in a research report on Tuesday.
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Shares of Volkswagen AG (NASDAQ:VLKAY) opened at 28.095 on Monday. The company’s 50-day moving average is $0.00 and its 200 day moving average is $0.00. Volkswagen AG has a 1-year low of $24.50 and a 1-year high of $32.18.
About Volkswagen AG
Volkswagen AG is an automobile manufacturer and a carmaker. The Company develops vehicles and components for its brands. It also produces and sells vehicles. The activities of its Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.
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