Volkswagen AG (OTCMKTS:VWAGY – Get Free Report)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as $10.15 and last traded at $10.18, with a volume of 391818 shares changing hands. The stock had previously closed at $10.27.
Analysts Set New Price Targets
A number of brokerages have weighed in on VWAGY. Dbs Bank upgraded Volkswagen to a “hold” rating in a research note on Tuesday, October 1st. Barclays raised Volkswagen to a “strong-buy” rating in a report on Monday, September 23rd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on Volkswagen
Volkswagen Stock Up 1.7 %
Volkswagen (OTCMKTS:VWAGY – Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.67 EPS for the quarter. Volkswagen had a net margin of 4.60% and a return on equity of 7.79%. The company had revenue of $89.71 billion during the quarter. As a group, analysts expect that Volkswagen AG will post 2.73 EPS for the current fiscal year.
Volkswagen Company Profile
Volkswagen AG manufactures and sells automobiles in Germany, other European countries, 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.
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