Shares of Mercedes-Benz Group AG (OTCMKTS:MBGYY – Get Free Report) have been assigned an average recommendation of “Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a strong buy rating to the company.
Several equities research analysts recently weighed in on MBGYY shares. Dbs Bank upgraded Mercedes-Benz Group from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, September 30th. Jefferies Financial Group upgraded shares of Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Zacks Research upgraded shares of Mercedes-Benz Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 26th.
Check Out Our Latest Stock Analysis on MBGYY
Mercedes-Benz Group Trading Up 1.8%
OTCMKTS MBGYY opened at C$11.17 on Tuesday. The company has a quick ratio of 1.01, a current ratio of 1.32 and a debt-to-equity ratio of 0.67. Mercedes-Benz Group has a 52 week low of C$10.83 and a 52 week high of C$18.16. The stock has a market capitalization of C$43.02 billion, a PE ratio of 7.08 and a beta of 0.88. The firm has a 50 day moving average of C$12.60 and a two-hundred day moving average of C$13.53.
Mercedes-Benz Group (OTCMKTS:MBGYY – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported C$0.33 EPS for the quarter. Mercedes-Benz Group had a return on equity of 5.41% and a net margin of 3.89%. The business had revenue of C$37.27 billion for the quarter. As a group, research analysts expect that Mercedes-Benz Group will post 1.35 EPS for the current fiscal year.
About Mercedes-Benz Group
Mercedes-Benz Group AG is a Germany-based automotive company headquartered in Stuttgart. The company develops, manufactures and sells premium passenger cars, performance vehicles, luxury automobiles and light commercial vans under the Mercedes-Benz brand. Its portfolio includes Mercedes-AMG performance models and Mercedes-Maybach luxury vehicles, as well as electric and conventional vehicles.
The group also provides automotive financing, leasing, insurance and fleet-management services through Mercedes-Benz Mobility.
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