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

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has received a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company.

VWAGY has been the topic of a number of research reports. Citigroup reissued a “buy” rating on shares of Volkswagen in a report on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Volkswagen in a research report on Monday, July 27th. Zacks Research upgraded Volkswagen from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Kepler Capital Markets lowered Volkswagen from a “buy” rating to a “hold” rating in a report on Monday, September 21st.

Volkswagen Price Performance

Shares of OTCMKTS:VWAGY opened at $7.63 on Friday. Volkswagen has a 1-year low of $7.43 and a 1-year high of $12.83. The stock has a market cap of $38.25 billion, a P/E ratio of 6.25, a P/E/G ratio of 0.33 and a beta of 1.08. The firm has a fifty day moving average price of $8.65 and a 200 day moving average price of $9.42.

Volkswagen (OTCMKTS:VWAGY) last posted its quarterly earnings data on Friday, July 24th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). Volkswagen had a net margin of 1.68% and a return on equity of 2.70%. The business had revenue of $93.81 billion during the quarter, compared to analyst estimates of $92.92 billion. Sell-side analysts expect that Volkswagen will post 1.79 EPS for the current fiscal year.

About Volkswagen

Volkswagen AG is a Germany-based automotive company headquartered in Wolfsburg. Founded in 1937, the company has developed into one of the world’s largest vehicle manufacturers and is listed in the United States through American depositary receipts under the symbol VWAGY.

The Volkswagen Group develops, manufactures and sells passenger cars, commercial vehicles, trucks and motorcycles. Its portfolio includes the Volkswagen, Audi, Škoda, SEAT, CUPRA, Porsche, Bentley, Lamborghini and Ducati brands, as well as Volkswagen Commercial Vehicles and the MAN and Scania truck businesses.