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

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have earned an average recommendation of “Moderate Buy” from the six analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts have commented on VWAGY shares. Zacks Research downgraded Volkswagen from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Volkswagen in a research report on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of Volkswagen in a report on Tuesday, September 8th. Finally, Kepler Capital Markets lowered Volkswagen from a “buy” rating to a “hold” rating in a research report on Monday, September 21st.

Volkswagen Trading Down 2.8%

Shares of OTCMKTS:VWAGY opened at $7.59 on Wednesday. The firm has a 50 day moving average of $8.16 and a 200-day moving average of $9.65. Volkswagen has a 12 month low of $7.38 and a 12 month high of $12.83. The stock has a market capitalization of $38.05 billion, a PE ratio of 28.93, a PEG ratio of 0.59 and a beta of 1.08.

Volkswagen (OTCMKTS:VWAGY) last released its earnings results on Thursday, October 29th. The company reported ($1.06) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($1.39). Volkswagen had a return on equity of 0.65% and a net margin of 0.41%. The business had revenue of $83.82 billion for the quarter, compared to the consensus estimate of $88.08 billion. On average, research analysts predict that Volkswagen will post 1.03 EPS for the current fiscal year.

About Volkswagen

Volkswagen AG is a Germany-based automotive group founded in 1937 and headquartered in Wolfsburg. It develops, manufactures and sells passenger cars and commercial vehicles through a portfolio of brands that includes Volkswagen, Audi, Porsche, Škoda, SEAT, CUPRA, Bentley and Lamborghini. The group also includes Ducati, a motorcycle manufacturer, and commercial vehicle businesses such as Scania and MAN. Volkswagen serves customers in markets around the world, with operations spanning vehicle development, production, sales and after-sales services.