VOLKSWAGEN AG/ADR (OTCMKTS:VWAGY) Given Average Rating of “Hold” by Analysts
VOLKSWAGEN AG/ADR (OTCMKTS:VWAGY) has been given a consensus rating of “Hold” by the six analysts that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have given a buy recommendation to the company.
A number of equities analysts have recently issued reports on VWAGY shares. DZ Bank cut VOLKSWAGEN AG/ADR to a “sell” rating in a report on Tuesday. JPMorgan Chase & Co. initiated coverage on shares of VOLKSWAGEN AG/ADR in a research note on Wednesday, September 4th. They set an “overweight” rating on the stock. Royal Bank of Canada began coverage on shares of VOLKSWAGEN AG/ADR in a report on Monday, June 3rd. They issued an “outperform” rating for the company. Zacks Investment Research lowered shares of VOLKSWAGEN AG/ADR from a “hold” rating to a “sell” rating in a report on Friday, August 30th. Finally, ValuEngine upgraded shares of VOLKSWAGEN AG/ADR from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 15th.
Shares of VWAGY traded down $0.02 during midday trading on Wednesday, hitting $17.44. The company had a trading volume of 93,587 shares, compared to its average volume of 106,716. The stock has a market cap of $86.82 billion, a price-to-earnings ratio of 6.27, a PEG ratio of 1.09 and a beta of 1.97. VOLKSWAGEN AG/ADR has a 52 week low of $14.70 and a 52 week high of $18.84. The company’s 50 day moving average price is $16.56 and its 200 day moving average price is $16.94.
About VOLKSWAGEN AG/ADR
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