Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Given Average Recommendation of “Hold” by Analysts

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have earned a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company.

Several equities analysts have recently weighed in on the company. Zacks Research upgraded Volkswagen from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. The Goldman Sachs Group began coverage on shares of Volkswagen in a research note on Sunday, November 23rd. They issued a “neutral” rating on the stock. Citigroup reissued a “buy” rating on shares of Volkswagen in a research report on Friday, January 16th. Finally, HSBC restated a “buy” rating on shares of Volkswagen in a report on Tuesday, January 13th.

Volkswagen Trading Down 0.5%

VWAGY stock opened at $12.14 on Thursday. Volkswagen has a 1-year low of $9.20 and a 1-year high of $12.83. The firm has a market cap of $60.86 billion, a PE ratio of 8.49, a P/E/G ratio of 1.01 and a beta of 1.16. The business’s 50-day moving average price is $12.20 and its two-hundred day moving average price is $11.62.

About Volkswagen

Volkswagen AG is one of the world’s largest integrated automakers, headquartered in Wolfsburg, Germany. Founded in 1937 to produce a mass-market “people’s car,” the company expanded through the post-war period into a global automotive group. Volkswagen’s operations encompass the design, engineering, manufacture and distribution of a broad range of passenger cars and light commercial vehicles, and the company’s consolidated brand portfolio includes Volkswagen Passenger Cars, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and other marques operated across its group structure.

In addition to vehicle production, Volkswagen provides a range of automotive-related products and services, including powertrain technologies, component manufacturing, mobility services and vehicle financing and leasing through its Volkswagen Financial Services unit.