Mercedes-Benz Group AG (OTCMKTS:MBGYY) Given Average Rating of “Hold” by Analysts

Mercedes-Benz Group AG (OTCMKTS:MBGYY) has been assigned an average recommendation of “Hold” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

Several analysts recently weighed in on the company. Royal Bank Of Canada lowered Mercedes-Benz Group from a “moderate buy” rating to a “hold” rating in a report on Tuesday, September 23rd. DZ Bank upgraded Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd.

Mercedes-Benz Group Trading Up 0.5%

MBGYY opened at C$16.42 on Thursday. Mercedes-Benz Group has a 12-month low of C$12.55 and a 12-month high of C$17.36. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.32 and a quick ratio of 0.97. The stock has a market capitalization of C$63.24 billion, a PE ratio of 5.21 and a beta of 1.01. The firm’s fifty day moving average price is C$15.83 and its 200 day moving average price is C$15.26.

Mercedes-Benz Group (OTCMKTS:MBGYY) last released its earnings results on Wednesday, October 29th. The company reported C$0.36 earnings per share for the quarter. The company had revenue of C$37.58 billion during the quarter. Mercedes-Benz Group had a net margin of 4.51% and a return on equity of 6.69%. As a group, research analysts expect that Mercedes-Benz Group will post 2.26 EPS for the current fiscal year.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.