Volkswagen AG Downgraded by Goldman Sachs to Neutral (VLKAY)
Volkswagen AG (OTCMKTS:VLKAY) was downgraded by stock analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a report issued on Tuesday, AnalystRatings.Net reports.
Volkswagen AG (OTCMKTS:VLKAY) opened at 50.85 on Tuesday. Volkswagen AG has a 52 week low of $34.30 and a 52 week high of $54.88. The stock has a 50-day moving average of $51.83 and a 200-day moving average of $48.68. The company has a market cap of $118.3 billion and a P/E ratio of 11.19.
A number of other analysts have also recently weighed in on VLKAY. Analysts at HSBC downgraded shares of Volkswagen AG from an “overweight” rating to a “neutral” rating in a research note on Tuesday, February 4th. Analysts at UBS AG downgraded shares of Volkswagen AG from a “neutral” rating to a “sell” rating in a research note on Tuesday, January 14th.
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