VOLKSWAGEN AG Sponsored (VLKAY) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of VOLKSWAGEN AG Sponsored (OTCMKTS:VLKAY) have been assigned a consensus recommendation of “Buy” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and six have given a buy recommendation to the company.

A number of research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of VOLKSWAGEN from a “hold” rating to a “sell” rating in a research note on Saturday, June 30th. ValuEngine cut shares of VOLKSWAGEN from a “hold” rating to a “sell” rating in a research note on Monday, July 2nd.

VOLKSWAGEN stock traded down $0.32 during mid-day trading on Wednesday, reaching $32.01. The company had a trading volume of 51,548 shares. VOLKSWAGEN has a 1 year low of $30.22 and a 1 year high of $46.53. The company has a quick ratio of 0.76, a current ratio of 1.03 and a debt-to-equity ratio of 0.74.

VOLKSWAGEN (OTCMKTS:VLKAY) last issued its earnings results on Wednesday, August 1st. The company reported $1.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.21. VOLKSWAGEN had a net margin of 4.85% and a return on equity of 12.49%. The company had revenue of $72.96 billion during the quarter, compared to analysts’ expectations of $71.88 billion. As a group, equities research analysts forecast that VOLKSWAGEN will post 5.64 earnings per share for the current year.

VOLKSWAGEN Company Profile

Volkswagen Aktiengesellschaft, together with its subsidiaries, manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates through four segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment develops vehicles and engines; and produces and sells passenger cars and related parts.

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Analyst Recommendations for VOLKSWAGEN (OTCMKTS:VLKAY)

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