The Volkswagen AG (VLKAY) Given Consensus Recommendation of “Hold” by the Brokerages

The Volkswagen AG (VLKAY) Given Consensus Recommendation of “Hold” by the Brokerages

Shares of Volkswagen AG (NASDAQ:VLKAY) have earned a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the stock. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company.

Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Volkswagen AG from a “buy” rating to a “hold” rating in a research note on Saturday, October 22nd. Goldman Sachs Group Inc. raised shares of Volkswagen AG from a “sell” rating to a “buy” rating in a research note on Tuesday, November 22nd. Berenberg Bank initiated coverage on shares of Volkswagen AG in a research note on Tuesday, November 22nd. They issued a “sell” rating on the stock. Finally, HSBC raised shares of Volkswagen AG from a “hold” rating to a “buy” rating in a research note on Monday, November 21st.

Shares of Volkswagen AG (NASDAQ:VLKAY) traded down 1.34% on Friday, hitting $29.55. The company’s stock had a trading volume of 38,049 shares. Volkswagen AG has a 52 week low of $24.50 and a 52 week high of $32.18. The stock has a market capitalization of $74.07 billion and a P/E ratio of 128.03. The stock’s 50 day moving average price is $28.15 and its 200 day moving average price is $28.75.

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