Volkswagen AG (OTCMKTS:VWAGY) Receives Consensus Recommendation of “Hold” from Brokerages

Volkswagen AG (OTCMKTS:VWAGY) has been assigned a consensus rating of “Hold” from the six research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.

Several analysts have commented on VWAGY shares. UBS Group raised Volkswagen from a “strong sell” rating to a “hold” rating in a report on Monday, March 17th. Citigroup reissued a “buy” rating on shares of Volkswagen in a report on Thursday, April 3rd.

Volkswagen Stock Up 2.3 %

OTCMKTS:VWAGY opened at $10.39 on Monday. The stock has a market capitalization of $52.08 billion, a PE ratio of 3.94, a price-to-earnings-growth ratio of 1.03 and a beta of 1.31. Volkswagen has a 52 week low of $8.57 and a 52 week high of $15.44. The stock’s 50-day moving average price is $10.84 and its 200-day moving average price is $10.07.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.