Volkswagen (OTCMKTS:VWAGY) Lifted to “Hold” at Dbs Bank

Dbs Bank upgraded shares of Volkswagen (OTCMKTS:VWAGY) to a hold rating in a research report released on Tuesday, Zacks.com reports.

Separately, Barclays raised Volkswagen to a strong-buy rating in a research note on Monday, September 23rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Volkswagen presently has a consensus rating of Hold.

Volkswagen Stock Performance

Shares of OTCMKTS:VWAGY opened at $10.78 on Tuesday. Volkswagen has a 52-week low of $10.22 and a 52-week high of $16.48. The company has a market capitalization of $54.04 billion, a PE ratio of 3.34, a price-to-earnings-growth ratio of 1.04 and a beta of 1.41. The company has a fifty day moving average of $11.11 and a 200-day moving average of $12.94.

Volkswagen (OTCMKTS:VWAGY) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.67 EPS for the quarter. The firm had revenue of $89.71 billion for the quarter. Volkswagen had a return on equity of 7.79% and a net margin of 4.60%. On average, equities analysts forecast that Volkswagen will post 2.88 EPS for the current fiscal year.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.