Volkswagen (OTCMKTS:VWAGY) Given “Market Perform” Rating at Sanford C. Bernstein

Sanford C. Bernstein reissued their market perform rating on shares of Volkswagen (OTCMKTS:VWAGY) in a research note published on Wednesday morning, MarketBeat reports.

Separately, Redburn Atlantic initiated coverage on Volkswagen in a research report on Wednesday, January 24th. They set a sell rating for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of Hold.

Volkswagen Stock Performance

VWAGY opened at $15.00 on Wednesday. The company’s fifty day moving average price is $15.08 and its two-hundred day moving average price is $13.69. Volkswagen has a 1-year low of $11.16 and a 1-year high of $17.53.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.