Mercedes-Benz Group AG (OTCMKTS:MBGYY – Get Free Report) has earned a consensus rating of “Buy” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have given a strong buy recommendation to the company.
MBGYY has been the topic of a number of research reports. Jefferies Financial Group upgraded shares of Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 29th. Zacks Research lowered shares of Mercedes-Benz Group from a “hold” rating to a “strong sell” rating in a report on Tuesday.
View Our Latest Research Report on Mercedes-Benz Group
Mercedes-Benz Group Price Performance
Mercedes-Benz Group (OTCMKTS:MBGYY – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported C$0.33 EPS for the quarter. The business had revenue of C$37.27 billion during the quarter. Mercedes-Benz Group had a net margin of 3.89% and a return on equity of 5.46%. On average, sell-side analysts forecast that Mercedes-Benz Group will post 1.43 EPS for the current year.
About Mercedes-Benz Group
Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.
The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.
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