Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY – Free Report) – Equities research analysts at Erste Group Bank increased their FY2027 EPS estimates for Volkswagen in a research note issued to investors on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $2.39 for the year, up from their previous forecast of $2.33. The consensus estimate for Volkswagen’s current full-year earnings is $1.75 per share.
Other equities analysts have also issued research reports about the company. Kepler Capital Markets lowered Volkswagen from a “buy” rating to a “hold” rating in a research note on Monday, September 21st. Citigroup restated a “buy” rating on shares of Volkswagen in a research note on Tuesday, September 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Volkswagen in a report on Monday, July 27th. Finally, Zacks Research upgraded Volkswagen from a “strong sell” rating to a “hold” rating in a research report on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on VWAGY
Volkswagen Stock Down 0.8%
Volkswagen stock opened at $7.58 on Wednesday. Volkswagen has a 12 month low of $7.38 and a 12 month high of $12.83. The stock’s 50 day moving average is $8.38 and its 200-day moving average is $9.86.
Volkswagen Company Profile
Volkswagen AG is a Germany-based automotive company headquartered in Wolfsburg. Founded in 1937, the company has grown from the Volkswagen passenger-car brand into one of the world’s largest automotive groups, serving customers across Europe, the Americas, Asia-Pacific, and other international markets.
The company develops, manufactures, and sells passenger cars, sport utility vehicles, performance vehicles, luxury automobiles, motorcycles, commercial vehicles, and related mobility services.
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