Volkswagen AG (VLKAY) Given Average Rating of “Buy” by Analysts

Volkswagen AG (OTCMKTS:VLKAY) has earned a consensus rating of “Buy” from the seven ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating and six have issued a buy rating on the company.

A number of research firms have commented on VLKAY. Societe Generale upgraded Volkswagen AG from a “hold” rating to a “buy” rating in a research note on Tuesday, October 31st. Credit Suisse Group began coverage on Volkswagen AG in a research note on Wednesday, October 18th. They set an “outperform” rating on the stock. Finally, ValuEngine cut Volkswagen AG from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 28th.

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Volkswagen AG (OTCMKTS:VLKAY) traded down $0.40 during trading hours on Friday, reaching $37.06. The company’s stock had a trading volume of 520,631 shares, compared to its average volume of 150,576. Volkswagen AG has a one year low of $27.00 and a one year high of $39.25. The firm has a market capitalization of $92,889.78, a PE ratio of 12.19, a price-to-earnings-growth ratio of 0.59 and a beta of 1.70.

About Volkswagen AG

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.

Analyst Recommendations for Volkswagen AG (OTCMKTS:VLKAY)

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