Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Given Average Recommendation of “Hold” by Analysts

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have been assigned an average rating of “Hold” from the seven analysts that are covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.

Several research firms recently weighed in on VWAGY. Citigroup restated a “buy” rating on shares of Volkswagen in a research report on Friday, January 16th. HSBC restated a “buy” rating on shares of Volkswagen in a research report on Tuesday, January 13th. The Goldman Sachs Group assumed coverage on Volkswagen in a report on Sunday, November 23rd. They issued a “neutral” rating on the stock. Finally, Zacks Research raised Volkswagen from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th.

Volkswagen Trading Down 0.2%

Shares of OTCMKTS VWAGY opened at $12.26 on Thursday. Volkswagen has a 1-year low of $9.20 and a 1-year high of $12.83. The company has a 50-day moving average of $12.19 and a two-hundred day moving average of $11.64. The company has a market cap of $61.46 billion, a PE ratio of 8.57, a P/E/G ratio of 1.03 and a beta of 1.16.

About Volkswagen

Volkswagen AG is one of the world’s largest integrated automakers, headquartered in Wolfsburg, Germany. Founded in 1937 to produce a mass-market “people’s car,” the company expanded through the post-war period into a global automotive group. Volkswagen’s operations encompass the design, engineering, manufacture and distribution of a broad range of passenger cars and light commercial vehicles, and the company’s consolidated brand portfolio includes Volkswagen Passenger Cars, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and other marques operated across its group structure.

In addition to vehicle production, Volkswagen provides a range of automotive-related products and services, including powertrain technologies, component manufacturing, mobility services and vehicle financing and leasing through its Volkswagen Financial Services unit.