ValuEngine lowered shares of Volkswagen AG (OTCMKTS:VLKAY) from a strong-buy rating to a buy rating in a research note released on Friday, July 28th.

Separately, Jefferies Group LLC upgraded shares of Volkswagen AG from an underperform rating to a buy rating in a research note on Wednesday, April 19th. One analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of Buy and an average price target of $36.00.

Volkswagen AG (OTCMKTS VLKAY) opened at 30.53 on Friday. The company has a 50-day moving average of $31.86 and a 200 day moving average of $31.37. Volkswagen AG has a one year low of $27.00 and a one year high of $34.12. The company has a market cap of $76.52 billion, a P/E ratio of 7.94 and a beta of 1.52.

TRADEMARK VIOLATION WARNING: This story was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/08/10/volkswagen-ag-otcmktsvlkay-cut-to-buy-at-valuengine-updated.html.

Volkswagen AG Company Profile

Volkswagen AG is engaged in developing vehicles and components for its brands. It also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. The Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Stock Ratings for Volkswagen AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen AG and related stocks with our FREE daily email newsletter.