Volkswagen (OTCMKTS:VWAGY) Stock Rating Reaffirmed by Sanford C. Bernstein

Volkswagen (OTCMKTS:VWAGY)‘s stock had its “market perform” rating reiterated by Sanford C. Bernstein in a report issued on Wednesday, Marketbeat Ratings reports.

Separately, Redburn Atlantic initiated coverage on Volkswagen in a research note on Wednesday, January 24th. They set a “sell” rating for the company. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Volkswagen Stock Performance

Shares of VWAGY stock remained flat at $15.00 during mid-day trading on Wednesday. The stock had a trading volume of 122,070 shares, compared to its average volume of 249,160. The stock’s 50 day simple moving average is $15.08 and its two-hundred day simple moving average 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.