The stocks of VWAGY have their ratings upgraded from hold to strong-buy in a research note that was sent out to investors on Saturday. The brokerage currently has a price target of $37 on the company, which implies a potential increase of 16.68% from the current price of the company.
The Stock Commentary Of VWAGY
There have been quite a few research equities that have commented on the stocks of VWAGY. JPMorgan Chase & Co has reiterated their rating of overweight in a Thursday research report. The Royal Bank of Canada has also reiterated their rating of “outperform” in a 17th March research report. Jefferies Financial has increased the rating of the company from hold to buy in a 29th March research report. In the end, Barclays gave the company a rating of overweight in a 20th April research note.
One of the investment analysts gave the company a rating of sell, while seven others gave it a rating of hold. Nine others gave the company a rating of buy. Currently, VWAGY has a buy rating with a $37 price target.
The stocks of VWAGY traded on Friday at $31.71. The moving average price of the company over a period of 50 days is $34.16, while the moving average price of the company over a period of 200 days is $23.73. The market cap for the firm is $158.96 billion, with a 27.10 PE ratio, and a 1.52 beta. The year low of the company is $13.33, with the year high set at $48.72.
VWAGY previously updated its quarterly report on the 16th of March. The EPS reported by the company during this period was $1.58. The revenue generated by the company during this period was $76.98 billion, which was less than the consensus estimate of $81.55 billion.