Volkswagen AG (VLKAY) Receives Average Rating of “Buy” from Brokerages
Shares of Volkswagen AG (OTCMKTS:VLKAY) have been given an average recommendation of “Buy” by the seven ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $36.00.
A number of research firms have weighed in on VLKAY. ValuEngine downgraded shares of Volkswagen AG from a “strong-buy” rating to a “buy” rating in a research report on Friday. Jefferies Group LLC raised shares of Volkswagen AG from an “underperform” rating to a “buy” rating in a research report on Wednesday, April 19th.
WARNING: This piece of content was reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/08/01/volkswagen-ag-vlkay-receives-average-rating-of-buy-from-brokerages.html.
Shares of Volkswagen AG (OTCMKTS VLKAY) opened at 31.45 on Tuesday. The firm has a 50-day moving average of $31.79 and a 200 day moving average of $31.40. The firm has a market cap of $78.83 billion, a PE ratio of 10.96 and a beta of 1.52. Volkswagen AG has a 52-week low of $27.00 and a 52-week high of $34.12.
Volkswagen AG Company Profile
Volkswagen AG is engaged in developing vehicles and components for its brands. It also produces and sells vehicles, in particular passenger cars and light commercial vehicles for the Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands. The Passenger Cars segment cover the development of vehicles and engines, the production and sale of passenger cars, and the corresponding genuine parts business.
Receive News & Ratings for Volkswagen AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen AG and related companies with MarketBeat.com's FREE daily email newsletter.