Mercedes-Benz Group AG (OTCMKTS:MBGYY) Receives Average Recommendation of “Buy” from Analysts

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has been assigned an average recommendation of “Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have given a strong buy rating to the company.

A number of research analysts have recently commented on MBGYY shares. Zacks Research upgraded Mercedes-Benz Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 26th. Jefferies Financial Group upgraded Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a report on Monday, June 29th.

Mercedes-Benz Group Price Performance

MBGYY stock opened at C$13.49 on Monday. Mercedes-Benz Group has a 1 year low of C$12.22 and a 1 year high of C$18.16. The company has a market cap of C$51.96 billion, a P/E ratio of 8.70 and a beta of 0.80. The firm has a 50-day moving average of C$13.01 and a 200 day moving average of C$14.47. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.38 and a quick ratio of 1.06.

Mercedes-Benz Group (OTCMKTS:MBGYY) last posted its quarterly earnings data on Tuesday, July 28th. The company reported C$0.33 earnings per share for the quarter. Mercedes-Benz Group had a return on equity of 5.46% and a net margin of 3.89%.The business had revenue of C$37.27 billion for the quarter. On average, sell-side analysts forecast that Mercedes-Benz Group will post 1.37 EPS for the current year.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.