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

Shares of Volkswagen AG (OTCMKTS:VWAGY) have been given an average recommendation of “Hold” by the six ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

A number of research firms have recently issued reports on VWAGY. UBS Group raised shares of Volkswagen from a “strong sell” rating to a “hold” rating in a research note on Monday, March 17th. Citigroup reissued a “buy” rating on shares of Volkswagen in a research report on Thursday, April 3rd.

Volkswagen Price Performance

Shares of OTCMKTS VWAGY opened at $10.39 on Monday. The company has a market capitalization of $52.08 billion, a P/E ratio of 3.94, a P/E/G ratio of 1.03 and a beta of 1.31. The company has a 50 day simple moving average of $10.84 and a 200-day simple moving average of $10.07. Volkswagen has a 1 year low of $8.57 and a 1 year high of $15.44.

About Volkswagen

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.