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

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

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

Volkswagen Stock Up 1.7%

Shares of VWAGY opened at $7.63 on Friday. The stock has a 50 day moving average price of $8.65 and a 200 day moving average price of $9.42. The company has a market capitalization of $38.25 billion, a price-to-earnings ratio of 6.25, a price-to-earnings-growth ratio of 0.33 and a beta of 1.08. Volkswagen has a 52-week low of $7.43 and a 52-week high of $12.83.

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

Volkswagen Company Profile

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.