Volkswagen AG Unsponsored ADR (VWAGY) – What Are Analysts Thinking About This Stock?

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

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

Volkswagen Stock Up 2.8%

OTCMKTS:VWAGY traded up $0.21 during midday trading on Friday, hitting $7.70. The company had a trading volume of 476,197 shares, compared to its average volume of 475,979. Volkswagen has a 52-week low of $7.38 and a 52-week high of $12.83. The stock’s fifty day moving average price is $8.53 and its 200-day moving average price is $9.33. The company has a market capitalization of $38.60 billion, a PE ratio of 6.31, a P/E/G ratio of 0.33 and a beta of 1.08.

Volkswagen (OTCMKTS:VWAGY) last released its quarterly earnings results 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). Volkswagen had a net margin of 1.68% and a return on equity of 2.70%. The firm had revenue of $93.81 billion for the quarter, compared to analysts’ expectations of $92.92 billion. As a group, research analysts forecast that Volkswagen will post 1.77 earnings per share for the current 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.