Thirteen research firms that cover Volkswagen AG (VWAGY:OTC) have given the company a “Hold” consensus recommendation. While three analysts gave a “Buy” rating, six have assigned a “Hold” rating, and two have given a “Sell” rating. The average price target for Volkswagen stock over the next year is $20.00.
Volkswagen Stock-Analyst Ratings:
In recent months, several equities research analysts have commented on Volkswagen stock. BNP Paribas and Exane BNP Paribas both downgraded Volkswagen’s rating to “Underperform” from “Neutral,” while Barclays reduced its price target on the stock to €150.00 ($159.57) from €225.00 ($239.36) and maintained an “Overweight” rating. HSBC downgraded the stock to “Hold” from “Buy,” and Morgan Stanley initiated coverage with an “Equal Weight” rating.
Volkswagen Stock Price Analysis:
On Thursday, Volkswagen stock opened at $18.88 and increased by 0.4%. The company’s 50-day simple moving average is $17.49, and the 200-day simple moving average is $17.80.
With a market cap of $94.64 billion, Volkswagen has a price-to-earnings ratio of 5.29, a P/E/G ratio of 4.89, and a beta of 1.53. Its 12-month low is $15.20, and its 12-month high is $26.60.
VWAGY Stock Dividend:
In positive news, Volkswagen recently announced an increased dividend payout. Shareholders of record on Tuesday, December 20th, received a dividend of $1.3469, representing a dividend yield of 10.36%. The ex-dividend date was Monday, December 19th, and this payout marks an improvement from Volkswagen’s previous dividend of $0.55. The company’s payout ratio stands at 14.57%.
Volkswagen AG manufactures and sells automobiles primarily in Europe, North America, South America, and the Asia-Pacific. The company operates in four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.
It provides its products under the Volkswagen Passenger Cars, Audi, “KODA, SEAT, Bentley, Porsche, Volkswagen Commercial Vehicles, Scania, MAN, Lamborghini, Ducati, and Bugatti brands. Volkswagen AG was founded in 1937 and is based in Wolfsburg, Germany. Volkswagen AG operates as a subsidiary of Porsche Automobil Holding SE.