Volkswagen AG Downgraded to “Hold” at Bankhaus Lampe (VLKAY)
Volkswagen AG (OTCMKTS:VLKAY) was downgraded by Bankhaus Lampe from a “buy” rating to a “hold” rating in a research note issued on Thursday, American Banking and Market News reports.
A number of other firms have also recently commented on VLKAY. Analysts at Goldman Sachs downgraded shares of Volkswagen AG from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 11th. Separately, analysts at HSBC downgraded shares of Volkswagen AG from an “overweight” rating to a “neutral” rating in a research note on Tuesday, February 4th. Finally, 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.
Volkswagen AG (OTCMKTS:VLKAY) opened at 52.72 on Thursday. Volkswagen AG has a one year low of $34.30 and a one year high of $54.88. The stock’s 50-day moving average is $51.68 and its 200-day moving average is $49.00. The company has a market cap of $122.6 billion and a price-to-earnings ratio of 11.84.
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